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Sales are budgeted at $270,000 November 200.000 for December, and 200 The cost of goods words 75% of sales The November beginning balance in the

Sales are budgeted at $270,000 November 200.000 for December, and 200 The cost of goods words 75% of sales The November beginning balance in the accounts receivable account is $62.000 The November beginning balance in the accounts payable account is $249.000 Required: a. Prepare a Schedule of Expected Cash Collections for November and December b. Prepare a Merchandise Purchases Budget for November and December Complete this question by entering your answers in the tabs below. Required A Required Prepare a Schedule of Expected Cash Collections for November and December Sales Schedule of Expected Cash Collections Accounts receivable November sales December sales tal cash collections November December Marguziend A Required B >

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