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Mak Siti Company has forecast sales to be RM120,000 in February, RM145,000 in March, RM170,000 in April, and RM180,000 in May. All sales are made
Mak Siti Company has forecast sales to be RM120,000 in February, RM145,000 in March, RM170,000 in April, and RM180,000 in May. All sales are made on credit and sales are collected 60% in the month of sale, and 40% in the month following. What are budgeted cash receipts in March
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