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need help all questions 1-For a merchandising company, explain how total budgeted sales are determined. 2-How is depreciation accounted for on the cash payments budget?
need help all questions
1-For a merchandising company, explain how total budgeted sales are determined. 2-How is depreciation accounted for on the cash payments budget? 3-K Lamas, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Sales (20%$450000$600000$800000 KLamas collects 70% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of FebruanStep by Step Solution
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