Before preparing the cash budget

Before preparing the cash budget - 1 ) 157,500 $ 67,500...

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Before preparing the cash budget, the collections from customers and payments for raw materials  purchases must be calculated.  Pickup Trucks Company Collections from Customers 20X1 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Beginning Balance ($162,000) $162,000 $162,000 Quarter 1 Sales ($225,000) (
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Unformatted text preview: 1 ) 157,500 $ 67,500 225,000 Quarter 2 Sales ($255,000) ( 2 ) 178,500 $ 76,500 255,000 Quarter 3 Sales ($420,000) ( 3 ) 294,000 $126,000 420,000 Quarter 4 Sales ($600,000) ( 4 ) 420,000 420,000 Total Collections $319,500 $246,000 $370,500 $546,000 $1,482,000...
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This note was uploaded on 11/16/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.

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