Modern Design provided the following budgeted information for June through August The company collects 10%...
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Accounting
Modern Design provided the following budgeted information for June through August The company collects 10% of credit sales in cash during the month of sale, 80% in the following month of sale, 6% in the second month following purchasing. and 4% are uncollectable. Required: How much are budgeted cash collections for June, July and August? Copy and paste the questions below into the answer box and enter your answer. (show your calculation stepsi!) Cash collections for June= Cash collections for July= Cash collections for August =
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