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Specialized Learning had prepared the following sales budget, schedule of budgeted cash receipts, and cash budget for 2 0 2 5 : 1 ( Click
Specialized Learning had prepared the following sales budget, schedule of budgeted cash receipts, and cash budget for : Click the icon to view the original budgets.
Specialized Learning decided to revise its sales budget to show fourth quarter sales of tablets due to the expectation of increased holiday sales.
Click the icon to view the revised sales budget.
Suppose a change in the receipt of cash from sales on account is as follows:
Click the icon to view the revised receipt of cash information.
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Requirement Revise the schedule of budgeted cash receipts to include the increase in fourth quarter sales and the change in the timing of customer receipts. If an input field is not used in the table, leave the input field empty; do not enter a zero. Round your answers to the nearest dollar.
Schdule of Cash Receipts from Customers
tabletableFirstQuartertableSecondQuartertableThirdQuartertableFourthQuarterTotalTotal salestableFirstQuartertableSecondQuartertableThirdQuartertableFourthQuarterTotalCash Receipts from Customers:Accounts Receivable balance, December st Qtr Cash salesst QtrCredit sales collected in st qtrst QtrCredit sales collected in nd qtrst QtrCredit sales collected in rd qtrnd QtrCash salesnd QtrCredit sales collected in nd qtrnd QtrCredit sales collected in rd qtrnd QtrCredit sales collected in th qtrrd QtrCash sales,IIII,ininrd QtrCredit sales collected in rd qtrrd QtrCredit sales collected in th qtrth QtrCash salesth QtrCredit sales collected in th qtr
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