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Rong Company expects cash sales for July of $15,000, and a 20% monthly increase during...

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Accounting

Rong Company expects cash sales for July of $15,000, and a 20% monthly increase during August and September. Credit sales of $6,000 in July should be followed by 10% decreases during August and September. What are budgeted cash sales and budgeted credit sales for September?

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