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Blair Corporation is a retailer of assorted baby products. The actual and forecast sales for April through August are shown in the image. All sales
Blair Corporation is a retailer of assorted baby products. The actual and forecast sales for April through August are shown in the image. All sales are credit sales. The cash collection pattern is in the minth of sale, in the month following the sale, and the remained in the second month following the sale. accoubts receivable on June were $
Required:
A Fully complete the table shown in the image. Prepare a budgeted cash receipts schedule for the period june through August by month only.
Bwhat is the expected Accounts Receivable balance at August
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