The WRT Corporation makes collections on sales according to the following schedule: 25% in month...
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The WRT Corporation makes collections on sales according to the following schedule: 25% in month of sale 65% in month following sale 5% in second month following sale 5% uncollectible The following sales have been budgeted: April May June $ $ $ Sales 121,000 165,000 210,000 Budgeted cash collections in June would be: O $52,500 O $165,800 O $113,300 $182,800
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