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Star Co. was organized on August 1 of the current yeac. Projected sales for the next three months are as follows: The company expects to

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Star Co. was organized on August 1 of the current yeac. Projected sales for the next three months are as follows: The company expects to sell 50% of its merchandise for cash. Of the sales on sccount, 30% are expected to be collected in the month of the sale and the remainder in the for Prepare a schedule indicating cash collections for August, September, and October

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