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What are the budgeted cash receipts from sales

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Question - Wallace Inc. collects 85% of its sales on account in the month of the sale and 15% in the month following the sale. If sales on account are budgeted to be $571,000 for September and $645,000 for October, what are the budgeted cash receipts from sales on account for October?

Reference no: EM133064674

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