Campbell's Wholesale Company is preparing monthly cash budgets for the fourth quarter of the year...
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Accounting
Campbell's Wholesale Company is preparing monthly cash budgets for the fourth quarter of the year Monthly sales revenue in this quarter is estimated as follows: October, $42600; November, $33.000; and December, $25.400 All sales are made on open credit with 70% collected in the month of sale and 30% collected in the following month. What is the estimated total cash collected in November December? November December Estimated total cash collected
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