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Budgeted sales for the next two months are as follows: January $3,300 February $3,000 The company expects to collect 60% of a month's sales in
Budgeted sales for the next two months are as follows: January $3,300 February $3,000 The company expects to collect 60% of a month's sales in the month of the sale and 40% in the following month. Budgeted cash receipts for February, are: $2,520 $3,120 $3,780 $3,180
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