Indigo Industries expects credit sales for January, February, and March to be $203,400, $267,600, and...
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Accounting
Indigo Industries expects credit sales for January, February, and March to be $203,400, $267,600, and $317,300, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January February March
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