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- 1 . The following assumptions are made by a company when preparing its cash budget: Invoices are issued on the last day of each
The following assumptions are made by a company when preparing its cash budget: Invoices are issued on the last day of each month. Customers paying in the month after sale are entitled to deduct a settlement discount. Credit sales values for August to November are budgeted as follows. tableAugustSeptember,October,November$$$$
The following assumptions are made by a company when preparing its cash budget:
Invoices are issued on the last day of each month. Customers paying in the month after sale are entitled to deduct a settlement discount. Credit sales values for August to November are budgeted as follows.
tableAugustSeptember,October,November$$$$
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