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heres my question Prepare a cash budget given the following data: Budgeted sales for: April 25,000 units May 70,000 units June 50,000 units The selling
heres my question
Prepare a cash budget given the following data: Budgeted sales for: April 25,000 units May 70,000 units June 50,000 units The selling price is $25 per unit. May June Quarter April Budgeted sales in units Selling price per unit Total budgeted sales All sales are on account 60% collected in the month of the sale 40% collected in the month following the sale In April, the 31 March accounts receivable balance of $45,000 willStep by Step Solution
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