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  3. 19) atlanta company expects june sales to be $20,0

19) Atlanta Company expects June sales to be $20,000. Of these sales, credit sales are...

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Accounting

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19) Atlanta Company expects June sales to be $20,000. Of these sales, credit sales are expected to be $12,000, Collection of credit sales are 50% in the month of sale, 40% in the month following sale and 5% two months following sale. The remaining 5% is uncollectible. cash collection in June from June sales. is the expected D) $17,200 A) $14,000 E) none of the above. B) $20,000 C) $9,200 20) Moran Company's expected sales for April are $27,600. Other information follows: Budgeted Operating Expenses Wages Advertising Depreciation Rent Other expenses Amount $2,000 1,680 1,440 2,560 5% of sales All cash expenses are paid as incurred. What are the expected total cash disbursements for operating expenses for April? B) $6,240 C) $9,060 A) $7,620 E) none of the above. D) $7,680

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