The Following Sales Budget Has Been Prepared Collections Are 50% in the Month of Sale, 40% in }

question 86

Multiple Choice

The following sales budget has been prepared: $\begin{array}{lrr}\text { Month } & \text { Cash Sales } & \text { Credit Sales } \\\hline \text { September } & \$ 100,000 & \$ 200,000 \\\text { October } & 125,000 & 180,000 \\\text { November } & 130,000 & 210,000 \\\text { December } & 135,000 & 190,000\end{array}$ Collections are 50% in the month of sale, 40% in the month following the sale, and 10% two months following the sale.No uncollectible accounts are anticipated._____ is the expected balance of Accounts Receivable as of December 31.

• A)$190,000
• B)$75,500
• C)$116,000
• D)$210,000

---

Definitions:

Analytical Report

A detailed document that examines a situation or problem, gathering insights through analysis of data and evidence.

Informational Reports

Documents that provide detailed accounts of facts and information on specific topics without requiring analysis or recommendations from the writer.

Analytical Report

A document that presents a detailed examination and interpretation of data or information to highlight patterns, relationships, and trends.

Persuasive Approach

A communication technique aimed at convincing or influencing others to accept a specific viewpoint, idea, or action.