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14. The Birrer, Bolton & Bui Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following
14. The Birrer, Bolton & Bui Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following sale 10% in second month following sale The following sales have been budgeted: April May June $ $ $ Sales 140,000 130,000 150,000 Budgeted cash collections in June would be: A) $137,000 B) $85.000 C) $45,000 D) $123,000
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