Calculate the amount of the estimated accounts receivable that the Company would report in its budgeted...

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Calculate the amount of the estimated accounts receivable that the Company would report in its budgeted balance sheet at November 30, 2023. Accounts Receivable @ November 30, 2023 (4 points) Jepson Corporation prepared the following sales budget for 2023: Month July August September October November December Expected Sales $100,000 $150,000 $210,000 $250,000 $180,000 $170,000 Cash sales and collections on customer accounts are: 5% in the month of sales; 45% one month after sale; 40% two months after sale; and 10% three months after sale. Use the table on the following page to prepare cash collections budget for Jepson Corporation for October and November 2023. From July From August From September From October From November Totals October November Two Month Totals Calculate the amount of the estimated accounts receivable that the Company would report in its budgeted balance sheet at November 30, 2023. Accounts Receivable @ November 30, 2023 (4 points) Jepson Corporation prepared the following sales budget for 2023: Month July August September October November December Expected Sales $100,000 $150,000 $210,000 $250,000 $180,000 $170,000 Cash sales and collections on customer accounts are: 5% in the month of sales; 45% one month after sale; 40% two months after sale; and 10% three months after sale. Use the table on the following page to prepare cash collections budget for Jepson Corporation for October and November 2023. From July From August From September From October From November Totals October November Two Month Totals

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