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Business, 03.12.2019 21:31 destanybrunson
Benton company's sales budget shows the following expected total sales: month sales january $ 25,000 february $ 30,000 march $ 35,000 april $ 40,000 the company expects 80% of its sales to be on account (credit sales). credit sales are collected as follows: 25% in the month of sale, 72% in the month following the sale with the remainder being uncollectible and written off.
the total cash receipts during april would be:
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Benton company's sales budget shows the following expected total sales: month sales january $ 25,00...
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