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Simpson Glove Company has made the following saies projections for the next six months. All sales are credit sales. are uncolectible, 40 percent are collected

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Simpson Glove Company has made the following saies projections for the next six months. All sales are credit sales. are uncolectible, 40 percent are collected in the month of sale, 30 percent ate collected in the following month, and 20 percent are collected two months after sale Prepare a monthy cash receipts schedule for the ferm for March through August

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