If sales on account are budgeted to be $246,000 for September and $284,000 for October, what are the budgeted cash receipts from sales on account for October? Transcribed Image Text:

If sales on account are budgeted to be $246,000 for September and $284,000 for October, what are the budgeted cash receipts from sales on account for October? Transcribed Image Text: Harbour Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. If sales on account are budgeted to be
$246,000 for September and $284,000 for October, what are the budgeted cash receipts from sales on account for October?
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