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Lebanon shoe company has the following budgeted sales for the next five months: January $185,000 February $214,000 March $236,000 April $231,000 May $218,000 Cash sales
Lebanon shoe company has the following budgeted sales for the next five months: January $185,000 February $214,000 March $236,000 April $231,000 May $218,000 Cash sales are 30% of total sales and all credit sales are expected to be collected in the month after the sale. What is the total amount of cash expected to be received from customers in May
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
