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The following is the sales budget for Shleifer, Inc., for the first quarter of 2019: January February March Sales $ 211,000 $231,000 $254.000 budget Credit

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The following is the sales budget for Shleifer, Inc., for the first quarter of 2019: January February March Sales $ 211,000 $231,000 $254.000 budget Credit sales are collected as follows: 75 percent in the month of the sale. 20 percent in the month after the sale, 5 percent in the second month after the sale. The accounts receivable balance at the end of the previous quarter was $95.000 ($65,000 of which were uncollected December sales), Calculate the sales for November b. Calculate the sales for December. Calculate the cash collections from sales for each month from January through Mark For the tools c

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