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Exerclse 8 - 1 ( Algo ) Schedule of Expected Cash Collectlons [ LO 8 - 2 ] Silver Company makes a product that is

Exerclse 8-1(Algo) Schedule of Expected Cash Collectlons [LO8-2]
Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below:
Budgeted sales (all on account)
April
$500,000
\table[[May,June],[$790,000,$240,000
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