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1. Prepare a schedule of expected cash collections for July, August, and September and for the quarter in total. 2. Prepare the following for merchandise
1. Prepare a schedule of expected cash collections for July, August, and September and for the quarter in total. 2. Prepare the following for merchandise inventory: a. A merchandise purchases budget for July, August, and September. b. A schedule of expected cash disbursements for merchandise purchases for July, August, and September and for the quarter in total.
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