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CA Audio Company produces speakers. Sales information is presented below: October November December Cash Sales $ 1 0 , 0 0 0 $ 1 0
CA Audio Company produces speakers. Sales information is presented below:
October November December
Cash Sales $ $ $
Credit Sales $ $ $
Total Sales $ $ $
Cash sales are collected immediately, all credit sales are collected in the month of the sale with the remaining collected in the following month. Prepare a schedule showing all budgeted cash receipts collections for the month of November only. Label all amounts and show supporting computations.
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