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Sheridan Industries expects credit sales for January, February, and March to be $ 246,400, $...

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Accounting

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Sheridan Industries expects credit sales for January, February, and March to be $ 246,400, $ 291,200, and $336,000, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers Credit Sales January February March January $ $ February March $ $ $

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