Bramble Company reported the following information for 2019: - All sales are on credit. -...
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Accounting
Bramble Company reported the following information for 2019: - All sales are on credit. - Customer amounts on account are collected 30% in the month of sale and 70% in the following month. Compute Bramble's budgeted cash receipts for November. Budgeted cash receipts for November $ Bramble Inc. provided the following information: - Bramble pays for 30% of merchandise purchases in the month of the purchase and 70% in the following month. - General operating expenses are budgeted to be $30,500 per month of which depreciation is $3,200 of this amount. Brambl pays operating expenses in the month incurred. - Bramble makes loan payments of $4,500 per month of which $600 is interest and the remainder is principal
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