Mitchell Company had the following budgeted sales for the last half of last year: What is the budgeted accounts receivable balance on December 1?

Mitchell Company had the following budgeted sales for the last half of last year: What is the budgeted accounts receivable balance on December 1?



A. $80,000
B. $140,000
C. $94,500
D. $131,300





Answer: C


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