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Eastern Auto Parts Incorporated has 20 percent of its sales pald for in cash and 80 percent on credit. All credit accounts are collected in

image text in transcribed Eastern Auto Parts Incorporated has 20 percent of its sales pald for in cash and 80 percent on credit. All credit accounts are collected in the following month. Assume the following sales: Sales in December of the prlor year were $88,000. Prepare a cash recelpts schedule for January through April

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