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A wholesale company was organized on January 1 . Projected sales for each of the first 3 months of operations are as follows: The company
A wholesale company was organized on January Projected sales for each of the first
months of operations are as follows:
The company expects to sell of its merchandise for cash with the remainder on
account. Of sales on account, are expected to be collected the month following
the sale, with the remainder expected to be collected in the second month following
the sale.
minimum precision: ones place
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