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Frame Manufacturing Corporation has provided the following sales budget information: July August September $ 50,000 $ 60,000 $ 65,000 Cash sales are normally 30% of
Frame Manufacturing Corporation has provided the following sales budget information: July August September $ 50,000 $ 60,000 $ 65,000 Cash sales are normally 30% of total sales; credit sales are expected to be collected in their entirety in the month following the month of sale. The amount of cash expected to be received from customers in September is: $19,500. $60,000. $61,500. $49,000. $65,000
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