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How much is hankins accounts receivable balance at december

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Reference no: EM133126924

Question - Hankins Inc. collects 25% of its net credit sales in the month of the sale and 75% in the month following the sale. Hankins has the following sales during the last quarter of the year:

October: $250,000

November: $310.000

December: 290,000

Required - How much is Hankins Accounts Receivable balance at December 31?

Reference no: EM133126924

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