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Chapter 8 Budget and Budgetary Control June 60,000 36,000 July 78,000 54,000 Collections from customers are normally 70 percent in the month of sale, 20

Chapter 8 Budget and Budgetary Control June 60,000 36,000 July 78,000 54,000 Collections from customers are normally 70 percent in the month of sale, 20 percent in the month following the sale, and 9 ...

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