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The WRT Corporation makes collections on sales according to the following schedule: 25% in month of sale 65% in month following sale 5% in second

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The WRT Corporation makes collections on sales according to the following schedule: 25% in month of sale 65% in month following sale 5% in second month following 5% uncollectible The following sales have been budgeted: Budgeted cash collections in June would be: $98, 500 $27, 500 $71,000 $115, 500

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