What are budgeted sales on account for april

Reference no: EM132812685

Problem 1: Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales on account are budgeted to be $150,000 for March and receipts from sales on account total $162,500 in April. What are budgeted sales on account for April?

Reference no: EM132812685

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