What Is the Budgeted Accounts Receivable Balance on May 31

question 2

Multiple Choice

What is the budgeted accounts receivable balance on May 31?

• A)$56,000
• B)$64,000
• C)$76,000
• D)$132,000

---

Definitions:

Oral Contraceptives

Birth control pills taken by mouth to prevent ovulation and thereby reduce the risk of pregnancy.

Antibiotics

Medicinal substances used to treat bacterial infections by killing or inhibiting the growth of bacteria.

Analgesics

Medications or substances used to reduce or eliminate pain.

Mucous Membranes

Moist tissue lining several parts of the body such as the nose, mouth, throat, and lungs, that secrete mucus.