Question: Eli Restaurant supply is preparing its cash budgets for the first two months of the upcoming year.sales are 65% , 35% credit. Credit sale are

Eli Restaurant supply is preparing its cash budgets for the first two months of the upcoming year.sales are 65% , 35% credit. Credit sale are collected 20% in the month of sale and the remainder in the month after sale. Actual sale in December were $54000. Budget sales for two months of the upcoming year

January = $62000

February = $70000

i need help with budgeted cash collection

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