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Wells Company reports the following budgeted sales: September, $ 5 5 , 0 0 0 ; October, $ 6 6 , 0 0 0 ;
Wells Company reports the following budgeted sales: September, $; October, $; and November, $ All sales are on credit, and of those credit sales are budgeted as uncollectible. Collection of the remaining of credit sales are budgeted as follows: in the first month after sale and in the second month after sale. Prepare a schedule of cash receipts from sales for November.
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