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Marthaler's Suits is lookine, for assistance with preparing a sales and cash receipts budget for the upcoming year. Dan, the owner provides you with the
Marthaler's Suits is lookine, for assistance with preparing a sales and cash receipts budget for the upcoming year. Dan, the owner provides you with the following information:
The average suit sells for $ suits were sold in September. Expected sales: in October, in November, and in December.
Cash sales are expected to be and the rest to be on credit. Of the credit sales. are expected to be callected in the month of sale and the rest in the month following the sale.
Cash payments are expected to be paid all on credit. are expected to be paid in the month of purchase and the rest in the month following the purchase.
Create a sales budget for Marthaler's Suits for Q
tableSales Budget,,October,November,DecemberQuantityPriceTotal Sales,
Create the cash receipts budget for Marthaler's Suits for Q
tableCash Receipts BudgetOctoberNovember,December
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