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Shown below are budgeted sales for Dadich Company: Budgeted Sales November $ 8 3 , 0 0 0 December $ 9 6 , 0 0
Shown below are budgeted sales for Dadich Company:
Budgeted Sales
November $
December $
January $
February $
March
of the company's sales are cash sales and of the
company's sales are made on account. The sales on account
are collected in the pattern in the month of sale,
in the month following sale, in the second month
following sale, and the final is collected in the
third month following sale.
At March Dadich Company reported a budgeted accounts
receivable balance of $
Calculate the total expected cash collections for the
month of February.
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