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Brief Exercise 9-9 Kaspar Industries expects credit sales for January, February, and March to be...

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Accounting

Brief Exercise 9-9 Kaspar Industries expects credit sales for January, February, and March to be $205,100, $263,100, and $314,500, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January $ $ $ February March $ $ $

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