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Cash Budget Wallace Publishers Inc. collects 90% of its sales on account in the month of the sale and 10% in the month following the

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Cash Budget Wallace Publishers 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 $131,000 for April and $149,000 for May, what are the budgeted cash receipts from sales on account for May? 14,900 x

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