Post Company has budgeted revenues of $200000 for March, $350000 for April,$400000 for may, and...

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Accounting

Post Company has budgeted revenues of $200000 for March, $350000 for April,$400000 for may, and $375000 for June. twenty percent of sales are in cash, and the remaining are on credit. Post collects on 50% of their credit sales in the month following sale, 40% in the second month following sale, 5% in the third month following sale, and 5% are uncollectible.

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