A manufacturing company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet.The balance of Accounts Receivable can be obtained from the ________.

Question

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The balance of Accounts Receivable can be obtained from the schedule of cash receipts from customers, which will outline the expected amounts to be received from customers during the budget period. The other budgets listed (inventory, purchases and cost of goods sold budget, capital expenditures budget, and selling and administrative expenses budget) are not likely to provide information on Accounts Receivable balances.

A Manufacturing Company Has Prepared the Operating Budget and the Cash