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Liza's predicts sales of $42,000 for May and $64,000 for June. Assume 70% of Liza's sales are for cash. The remaining 30% are credit sales;

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Liza's predicts sales of $42,000 for May and $64,000 for June. Assume 70% of Liza's sales are for cash. The remaining 30% are credit sales; credit customers pay in the month following the sale. Compute the budgeted cash receipts for June. LIZA'S Budgeted Cash Receipts For Month Ended June 30 Budgeted sales Less ending accounts receivable Cash sales Collections of last month's receivables Total budgeted cash receipts ses Scora, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $50 per unit. Budgeted sales for the next three months follow. Sales in unita January February March 1,500 2,600 1,500 Prepare a sales budget for the months of January, February, and March. SCORA INC Sales Budget For January, February, and March Budgeted Unit Budgeted Unit Budgeted Total Sales Price Sales January February March Totals for the quarter

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