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Business, 20.02.2022 14:00 ManBun99

Harrington makes all sales on account, subject to the following collection pattern: 20% are collected in the month of sale; 70% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for June, July, and August were $80,000, $170,000, and $160,000, respectively, what were the firm's budgeted collections for August and the company's budgeted receivables balance on August 31

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