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Credit sales are collected as follows: 6 5 percent in the month of the sale 2 0 percent in the month after the sale 1
Credit sales are collected as follows:
percent in the month of the sale
percent in the month after the sale
percent in the second month after the sale
The accounts receivable balance at the end of the previous quarter was $$ of which was uncollected december sales
a compute the sales for November
b Compute the sales for December
c compute the cash collections from sales for each monthfrom January through march
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