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What will be the balance in accounts receivable

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A firm has forecasted sales of $4,500 in April, $3,000 in May, and $5,000 in June. All sales are on credit. 30% is collected in the month of the sale, and the remainder in the following month. What will be the balance in accounts receivable when you close the books at the end of June?

Reference no: EM132972782

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