QS 20-18 (Algo) Schedule of cash receipts LO P2 X-Tel budgets sales of $80,000 for...
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QS 20-18 (Algo) Schedule of cash receipts LO P2 X-Tel budgets sales of $80,000 for April, $108,000 for May, and $68,000 for June. Sales are 40% cash and 60% on credit. All credit sales are collected in the month following the sale. Total sales for March were. $11,000. Prepare a schedule of cash receipts from sales for April, May, and June
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