What is represented by the other 2% of credit sales

Reference no: EM133543703

Question: Loa Company expects to collect 30% of its credit sales in the month of sale, 50% in the month following sale, and 18% in the second month following sale. These three percentages only add up to 98%. What is represented by the other 2% of credit sales?

Reference no: EM133543703

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