Winslow Inc

question 79

Multiple Choice

Winslow Inc.determined it had sold products during the month but not collected all of the amounts owed.Where will this amount owed be reflected in the master budget for the month?

• A)On the budgeted balance sheet in the assets section
• B)On the budgeted income statement
• C)As part of the cash receipts section of the cash budget
• D)As a reduction of inventory to be produced in the production budget

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