Wiggles Right forecasted sales of $5,000 in October, $4,000 in November, and $4,000 in December. All sales are on credit. 40% is collected in the month of the sale, and the remainder in the following month. How much is collected from accounts receivable in November?
A)$5,400
B)$4,800
C)$6,000
D)$4,600

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The Answer of Wiggles Right forecasted sales of $5,000 in October, $4,000 in November, and $4,000 in December. All sales are on credit. 40% is collected in the month of the sale, and the remainder in the following month. How much is collected from accounts receivable in November?
A)$5,400
B)$4,800
C)$6,000
D)$4,600

Wiggles Right Forecasted Sales of $5,000 in October, $4,000 in November