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What amount will accounts receivable be shown

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Reference no: EM132104994

Harrti Corporation has budgeted for the following sales:

July $455,000 August $557,000 September $663,000 October $823,000 November $773,000 December $733,000

Sales are collected as follows: 10% in the month of sale; 60% in the month following the sale; and the remaining 30% in the second month following the sale. In Razz's budgeted balance sheet at December 31, at what amount will accounts receivable be shown

Reference no: EM132104994

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