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Business, 26.09.2019 23:00 kachinafenton9098
Abc company has sales on account and for cash. specifically, 57% of its sales are on account and 43% are for cash. credit sales are collected in full in the month following the sale. the company forecasts sales of $516,000 for april, $526,000 for may, and $551,000 for june. the beginning balance of accounts receivable is $297,700 on april 1. prepare a schedule of budgeted cash receipts for april, may, and june.
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Abc company has sales on account and for cash. specifically, 57% of its sales are on account and 43%...
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