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Schedule of Cash Collections of Accounts Receivable Pet Joy Wholesale Inc., a pet wholesale supplier, was organized on The company expects to sell 10% of
Schedule of Cash Collections of Accounts Receivable Pet Joy Wholesale Inc., a pet wholesale supplier, was organized on The company expects to sell 10% of its merchandise for cash. Of sales on account, 56% are expected to be collected in the month of the sale, 40% in the month following the sale, and the remainder in the second month following the sale
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