Calculate the accounts receivable balance

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Question: Leaning Tower of Pizza, Inc., is preparing its master budget for its first quarter of business. It expects to sell 1,000 pizzas at $11 per pizza per month. It expects to collect 90% of the sales in the month of the sale and the remainder in the following month. Calculate its Accounts Receivable balance at the end of its first quarter.

Reference no: EM132742041

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Calculate the accounts receivable balance : Leaning Tower of Pizza, Inc., is preparing its master budget for its first quarter of business. It expects to sell 1,000 pizzas at $11 per pizza per month.
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