Question: Please answer in proper format with all working clearly Gardner Company expects sales for October of $253,000. Experience suggests that 40% of sales are for

Please answer in proper format with all working clearly

Gardner Company expects sales for October of $253,000. Experience suggests that 40% of sales are for cash and 60% are on credit. The company 26 collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $69,500. What is the amount of Accounts Receivable on the October 31 budgeted balance sheet? 00:53:12 Multiple Choice Ask O $101,200. O $126,500. O $69,500. O $75,900. O $151,800

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