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Quillin Company had the following budgeted information for October: What is the budgeted collection on accounts receivable for October? What are the total cash disbursements
Quillin Company had the following budgeted information for October: What is the budgeted collection on accounts receivable for October? What are the total cash disbursements for October? What is the ending cash balance for October? Assuming sales are collected 75 percent in the month of sale and 25% the following month, what is the ending cash balance for October
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