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Please solve this questions, also explain how it works 36. The expected sales for Ashton Company are as follows October November December Cash Sales $65,000
Please solve this questions, also explain how it works
36. The expected sales for Ashton Company are as follows October November December Cash Sales $65,000 $70,000 $83,000 Sales on account $400,000 $$25,000 $600,000 Sales on account are collected over a three month period as follows: 20% collected in the month of sale, collected in the month following sale and 18% collected in the second month following sale of cash would be A 5518,000 B 3590,000 C $1,525.009 5507 5218 00Step by Step Solution
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