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Business, 05.05.2020 23:34 barb4you67

Benton Company's sales budget shows the following expected total sales: Month Sales January $ 22,000 February $ 26,000 March $ 31,000 April $ 44,000 The company expects 70% of its sales to be on account (credit sales). Credit sales are collected as follows: 25% in the month of sale, 70% in the month following the sale with the remainder being uncollectible and written off. The total cash receipts during April would be:

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Benton Company's sales budget shows the following expected total sales: Month Sales January $ 22,000...

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