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Q2. Pricilla's Bail Bonds budgeted sales are shown below. 45 % of sales are collected in the month of sale, 25% in the month following

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Q2. Pricilla's Bail Bonds budgeted sales are shown below. 45 % of sales are collected in the month of sale, 25% in the month following sale, and 30% in the second month following sale. January $60,000 February $70,000 March April May June $50,000 $30,000 $40,000 $60,000 Sales Accounts Receivable at the end of March is budgeted to be

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