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Joyner Company has the following historical collection pattern for its credit sales: 6 0 % collected in month of sale 2 0 % collected in
Joyner Company has the following historical collection pattern for its credit sales:
collected in month of sale
collected in the first month after sale
collected in the second month after sale
collected in the third month after sale
uncollectible
Budgeted credit sales for the last six months of the year follow.
tableJuly$
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