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  3. 80 percent collected in the month of sale. 10 perc

80 percent collected in the month of sale. 10 percent collected in the first month...

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Accounting

80 percent collected in the month of sale. 10 percent collected in the first month after sale.
5 percent collected in the second month after sale.
4 percent collected in the third month after sale.
1 percent uncollectible.
The sales on account have been budgeted for the last seven months as follows:
\table[[June,$128,000
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