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CLO3 16 points Hamda owns a fashion business in Sharjah called Hamda Furnitures. Hamnda Furnitures wishes to prepare budgets for the first quarter of 2020.

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CLO3 16 points Hamda owns a fashion business in Sharjah called Hamda Furnitures. Hamnda Furnitures wishes to prepare budgets for the first quarter of 2020. The sales for the company for the first quarter is as followers January 150.000 February 140,000 March 190,000 Prepare schedule of expected cash collections for the first quarter of 2020 assuming 45% of the sales is collected in same month and the remaining is collected in the following month Schedule of Expected Cash Collection (16 marks) T Arad 312

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