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Liza's budgets sales of $ 4 1 , 0 0 0 for May and $ 6 0 , 0 0 0 for June. Assume 7

Liza's budgets sales of $41,000 for May and $60,000 for June. Assume 70% of Lizas sales are for cash. The remaining 30% are credit sales; credit customers pay the entire amount owed in the month following the sale.
Prepare the schedule of cash receipts from sales for June.

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