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The difference between the budgeted amounts of Sales and Cash Received for sales is equal to the budgeted change in: Select one: A. Accounts Receivable B. Accounts Payable C. Cash D. Retained Earnings
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The difference between the budgeted amounts of Sales and Cash Received for sales is equal to the budgeted change in: Select one: A. Accounts Receivable B. Accounts Payable C. Cash D. Retained Earnings E. None of the Above

User Mgol
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6 votes

Answer:

A. Accounts Receivable

Step-by-step explanation:

The difference between the Sales and Cash Received during a particular period, presents the balance in Accounts Receivable as at that period. This shows that some sales were made on account.

User Sathish Gadde
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