Prasmul Company has its sales 30% in cash and 70% on credit. Customer amounts on account...

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Prasmul Company has its sales 30% in cash and 70% on credit. Customer amounts on account are collected 40% in the month of sale and 60% in the following month. Cost of Goods Sold is 40% of its sales. Prasmul Company pays operating costs and its purchases of materials in the month incurred. Estimated amounts for the months of August through December 2022 are: Budgeted Sales Budgeted Purchases Aug Sep $530,000 $510,000 $344,000 $320,000 Oct $520,000 $328,000 How much estimated Account Receivable at the end of 2022? Nov $500,000 $332,000 Dec $460,000 $290,000 Prasmul Company has its sales 30% in cash and 70% on credit. Customer amounts on account are collected 40% in the month of sale and 60% in the following month. Cost of Goods Sold is 40% of its sales. Prasmul Company pays operating costs and its purchases of materials in the month incurred. Estimated amounts for the months of August through December 2022 are: Budgeted Sales Budgeted Purchases Aug Sep $530,000 $510,000 $344,000 $320,000 Oct $520,000 $328,000 How much estimated Account Receivable at the end of 2022? Nov $500,000 $332,000 Dec $460,000 $290,000

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