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Business, 18.08.2021 01:00 Woodlandgirl14

he company is in the process of preparing a cash budget and must determine the expected cash olletions by month. To this end, the following information has been assembled: Collections on credit sales: 60% in month of sale 30% in month following sale 10% in second month following sale Q.) What is the budgeted accounts receivable balance on December 31

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