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  3. budgeted sales for the second quarter of the curre

Budgeted sales for the second quarter of the current year are as follows: April $180,000...

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Accounting

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Budgeted sales for the second quarter of the current year are as follows: April $180,000 May $200,000 June $150.000 The company collects 20 percent in the month of sale, 70 percent in the first month following the sale, and 10 percent in the second month following the sale. Total cash collected in June will be: O a. $190,000 O b. $197.000 O c. $188,000 O d. $193,000

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