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A company budgets sales of $96,000 for January and $88,000 for February. Cash sales are 30% of total sales and 70% are credit sales. Credit

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A company budgets sales of $96,000 for January and $88,000 for February. Cash sales are 30% of total sales and 70% are credit sales. Credit customers pay the total amount owed in the month after the sale. Prepare a schedule of cash receipts from sales for February

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