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4. MM Company is preparing budgets for the quarter ending June 30th. (2) Budgeted sales for the next five months are: August 15,000 units (3)
4. MM Company is preparing budgets for the quarter ending June 30th. (2) Budgeted sales for the next five months are: August 15,000 units (3) The selling price is $10 per unit. (3) The collection pattern is 70% collected in the month of sale, 25% collected in the month following sale and 5% bad debt (3) 31 March accounts receivable balance of 30000 will be collected in full. Paper the sales budget
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