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Accounting Assignment | College Homework Help

Help with requirement 2 please?College Homework Help

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Graham Company projects the following sales for the first three months of the​ year: $ 10,800 in January​; $ 11,600 in February​; and $ 16,300 in March. The company expects 60​% of the sales to be cash and the remainder on account. Sales on account are collected​50% in the month of the sale and​ 50% in the following month. The Accounts Receivable account has a zero balance on January 1. Round to the nearest dollar. Get Accounting Homework Help Today

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