Avril Company makes collections on sales according to the following schedule: 30% in the month...
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Accounting
Avril Company makes collections on sales according to the following schedule: 30% in the month of sale 64% in the month following sale 6% in the second month following sale The following sales have been are expected: Expected Sales January $130,000 February $140,000 March $130,000 Budgeted cash collections in March should be budgeted to be:
$130,000
$130,780
$136,400
$128,600
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