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The BRS Corporation makes collections on sales according to the following schedule: 35% in month of sale 62% in month following sale 3% in second
The BRS Corporation makes collections on sales according to the following schedule:
| 35% in month of sale |
| 62% in month following sale |
| 3% in second month following sale |
The following sales have been budgeted:
| Sales | ||
| April | $ | 140,000 |
| May | $ | 160,000 |
| June | $ | 150,000 |
Budgeted cash collections in June would be:
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Auditing Your Human Resources Department A Step By Step Guide
Authors: John H. McConnell
1st Edition
0814474675, 978-0814474679
