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1 . Complete the schedule of expected cash collections . 2 . Complete the merchandise purchases budget and the schedule of expected cash disbursements for

1. Complete the schedule of expected cash collections.2. Complete the merchandise purchases budget and the schedule of expected cash disbursements for merchandise purchases.3. Complete the cash budget.4. Prepare an absorption costing income statement for the quarter ended June 30.5. Prepare a balance sheet as of June 30.
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