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QUESTION 24 The firm makes all sales on account and the collection pattern is 63% in the month of sale and the remainder following month.

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QUESTION 24 The firm makes all sales on account and the collection pattern is 63% in the month of sale and the remainder following month. The sales budget for July August and September is presented below July $144,310 August $127,719 September $115,871 How much is the firm budgeting to collect in August

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