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Blue Spruce Company's budgeted sales and direct materials ( DM ) purchases are as follows. ( a ) Prepare a schedule of budgeted cash receipts
Blue Spruce Company's budgeted sales and direct materials DM purchases are as follows.
a
Prepare a schedule of budgeted cash receipts from customers for March.
BLUE SPRUCECOMPANY
Budgeted Cash Receipts from Customers
March
March Cash Sales
Collection of March Credit Sales
Collection of February Credit Sales
Collection of January Credit Sales
Budgeted cash receipts
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