What are the budgeted cash receipts for april, Accounting Basics

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What are the budgeted cash receipts for april

The Patuxent Rail Company's sales for the next three months are as follows:
February

$165,000
March

$170,000
April

$155,000

Collection history for the company indicates that 60% of sales are collected in the month of the sale, 38% is collected in the given month, and 2% of sales are uncollectible. what are the Budgeted cash receipts for April ?

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Accounting Basics: What are the budgeted cash receipts for april

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Accounting Basics: What are the budgeted cash receipts for april

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Recent Questions Asked Accounting Basics

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Accounting Basics: What are the budgeted cash receipts for april

Reference No:- TGS083780

Recent Questions Asked Accounting Basics

Q : Granting specific system permission controls

Q : What the capitalized cost is

Q : Four elements exist in somewhat different forms on internet

Q : Goal of maximizing shareholder wealth forms the basis

Q : What are the budgeted cash receipts for april

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Q : Determine the congruence of the outputs

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