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Please help with question 10 & 11Question 10: Cash BudgetKerrie Inc. collects 45% of its sales on account in the month of the sale and

Please help with question 10 & 11Question 10: Cash BudgetKerrie Inc. collects 45% of its sales on account in the month of the sale and 55% in the month following the sale. If sales on account are budgeted to be $253,000 for September and $306,000 for October, what are thebudgeted cash receipts from sales on account for October?Question 11 is in image attached.

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22 Classifying Cash Flows Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows: a. Retirement of bonds payable b. Purchase of inventory for cash c. Cash sales d. Repurchase of common stock e. Payment of accounts payable f. Disposal of equipment

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