Angel Enterprises anticipated sales for the months are given below: January: $12,000 February: $13,800 March:...
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Angel Enterprises anticipated sales for the months are given below: January: $12,000 February: $13,800 March: $14,700 April: $16,000 Prepare a Cash Budget based on the information below for the months of January, February, March, and April. (Show all calculations, responses can be uploaded as an image) Credit sales are paid 50% the same month and 50% the following month (credit sales for December last year were $13,000) Credit purchases
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