Benton company's sales budget shows the following expected total sales: month sales january $ 19,000 february $ 23,000 march $ 28,000 april $ 47,000 the company expects 70% of its sales to be on account (credit sales). credit sales are collected as follows: 25% in the month of sale, 73% in the month following the sale with the remainder being uncollectible and written off. the total cash receipts during april would be:
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Benton company's sales budget shows the following expected total sales: month sales january $ 19,00...
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