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The WRT Corporation makes collections on sales according to the following schedule: 50% in month of sale 45% in month following sale 5% in second
The WRT Corporation makes collections on sales according to the following schedule: 50% in month of sale 45% in month following sale 5% in second month following sale The following sales have been are expected: April May June Expected Sales $180,000 $190,000 $180.000 Budgeted cash collections in June should be budgeted to be: O $175,500 O $180,000 $184,500 $180,900 O
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