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Budgeting Cash Whitney's, Inc., sells on terms of 5 % discount for cash and carry or 2 / 1 0 , n / 3 0
Budgeting Cash
Whitney's, Inc., sells on terms of discount for "cash and carry" or n and estimates its total sales for the second calendar quarter of next year as follows: April, $; May, $; and June,
$ An analysis of operations indicates the following customer collection patterns:
Prepare an estimate of the cash to be collected from customers during June.
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