How to collected in the month of the sales
All sales are on account and in the past 30% of the sales were collected in the month of the sales and 70% in the month the sales. March%u2019s sales were $40,000 and follow the collection pattern. Complete the cash receipts budget.
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At year-end 2013, Wallace Landscaping's total assets were $2.17 million and its accounts payable were $560,000. What were Wallace's total long-term debt and total liabilities in 2013?
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All sales are on account and in the past 30% of the sales were collected in the month of the sales and 70% in the month the sales. March%u2019s sales were $40,000 and follow the collection pattern.
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