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October sales-$4,000. Budgeted sales: $6,000 Nov & $8,000 Dec. Collections: 50% month of sale. 30%...

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Accounting

October sales-$4,000. Budgeted sales: $6,000 Nov & $8,000 Dec. Collections: 50% month of sale. 30% month after sale ; 15% second month after sale. Budgeted collections for December? $10,400 $8,000 $6,400 image

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