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Required: 1. Compute the estimated total eash collections during October from credit sales. 2. Compute the estimated total cash coliections during the fourth quarter from
Required: 1. Compute the estimated total eash collections during October from credit sales. 2. Compute the estimated total cash coliections during the fourth quarter from sales made on account during the fourth quarter. 3. Buiht a spredshect: Construct an Excel spreadshcet to solve both of the pteceding requirements. Show how the solution will change if the following information changes: sales in June and July were $50,000 and $65,000, respectively
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