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Cash Budget Wallace Inc. collects 9 0 % of its sales on account in the month of the sale and 1 0 % in the

Cash Budget

Wallace Inc. collects

90 %

of its sales on account in the month of the sale and

10 %

in the month following the sale. If sales on account are budgeted to be $

81, 000

for September and $

72, 000

for October, what are the budgeted cash receipts from sales on account for October?

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