Oriole Company prepares monthly cash budgets. Relevant data from operating budgets for 2023 are as follows: All sales are on account. Oriole expects collections to be 50% in the month of sale, 40% in the first month following tl Other data are as follows: The company expects its cash balance on January 1,2023 , to be $49,000. It wants to maintain a minimum cash balan Prepare schedules for (1) the expected collections from customers
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