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ABC company has budgeted $100,000 of sales for January Sales are 80% cash and 20% on credit. Credit sales are collected 100% in the month
ABC company has budgeted $100,000 of sales for January Sales are 80% cash and 20% on credit. Credit sales are collected 100% in the month following the sale A/R at Dec 31 = $15,000 What were the December credit sales
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Auditing & Assurance Services A Systematic Approach
Authors: William F Messier Jr, Steven M Glover, Douglas F Prawitt
11th Edition
1260687635, 1259969444, 9781259969447, 978-1260687637
