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Business, 15.04.2020 02:06 anggelkevin100

The Guitar Shoppe reports the following sales forecast: August, $150,000; September, $170,000. Cash sales are normally 30% of total sales, 55% are credit sales collected in the month following the sale, and the remaining 15% are credit sales that are written off as uncollectible. Prepare a schedule of cash receipts for September.

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The Guitar Shoppe reports the following sales forecast: August, $150,000; September, $170,000. Cash...
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