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Whispering Winds Company reported the following information for 2019: October November December Budgeted sales $310,000 $344,000 $370,000 Budgeted purchases $123,500 $128.000 $144,000 All sales are
Whispering Winds Company reported the following information for 2019: October November December Budgeted sales $310,000 $344,000 $370,000 Budgeted purchases $123,500 $128.000 $144,000 All sales are on credit. Customer amounts on account are collected 30% in the month of sale and 70% in the following month. Compute Whispering Winds's budgeted cash receipts for November. Budgeted cash receipts for November $
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