Win bicycles inc collects 25 of its sales on account in the


Question: Win Bicycles, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. If sales on account are budgeted to be $19,600 for March and $63,200 for April, what are the budgeted cash receipts from sales on account for April? The answer must be typed, in times new roman font (size 12), and must follow APA format.

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Accounting Basics: Win bicycles inc collects 25 of its sales on account in the
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