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How much cash did BL receive

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Question - BL Company started business on September 1. BL had credit sales of $200,000 in September and $300,000 in October. The pattern of collection of cash from customers is expected to be 40% in the month of the sale, 50% in the month following the sale, and 7% in the second month following the sale, with 3% uncollectable. How much cash did BL receive from customers on account during October?

Reference no: EM133078172

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