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Trumbull Company budgeted sales on account of $30,000 for July, $52,750 for August, and $49,500 for September. Collection experience indicates that 60% of the budgeted

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"Trumbull Company budgeted sales on account of $30,000 for July, $52,750 for August, and $49,500 for September. Collection experience indicates that 60% of the budgeted sales will be collected the month after the sale, 36% will be collected the second month, and 4% will be uncollectible. The cash receipts from accounts receivable that should be budgeted for September would be "194.760" "197,880" 169,800" "42,450

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