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Trumbull corporation budgeted sales account of $120,000 for july $21,000 for August and $198.000 for september Experience indicates that nobe of the sales on account

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Trumbull corporation budgeted sales account of $120,000 for july $21,000 for August and $198.000 for september Experience indicates that nobe of the sales on account will be collected in the month of the sale 60% will be collected the month after the sale, 36 % in the second month, and 4% will be uncollectable

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