Abc company began operations on january 1, 2018. it makes all sales on account and expects the following collection pattern: 30% are collected in the month of the sale; 60% are collected in the first month after the sale and 10% are collected in the second month after the sale. of budgeted sales for january, february, and march were $20,000, $60,000, and $70,000, respectively, what were the firm's budgeted collections for march
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Abc company began operations on january 1, 2018. it makes all sales on account and expects the follo...
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