Liza's budgets sales of $44,000 for May and $52,000 for June. Assume 60% of Lizas...
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Accounting
Liza's budgets sales of $44,000 for May and $52,000 for June. Assume 60% of Lizas sales are for cash. The remaining 40% are credit sales; credit customers pay the entire amount owed in the month following the sale. Prepare the schedule of cash receipts from sales for June.
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