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The BRS Corporation Makes Collections on Sales According to the Following

Question 279

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The BRS Corporation makes collections on sales according to the following schedule:30% in month of sale66% in month following sale4% in second month following saleThe following sales have been budgeted: The BRS Corporation makes collections on sales according to the following schedule:30% in month of sale66% in month following sale4% in second month following saleThe following sales have been budgeted: Budgeted cash collections in June would be: A) $146,200 B) $140,000 C) $140,520 D) $141,000 Budgeted cash collections in June would be:


A) $146,200
B) $140,000
C) $140,520
D) $141,000

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