Office universe supplies inc has cash and carry customers, Ask an Expert

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Office Universe Supplies Inc. has "cash and carry" customers and credit customers. Office Universe estimates that 25% of monthly sales are to cash customers, while the remaining sales are to credit customers. Of the credit customers, 20% pay their accounts in the month of sale, while the remaining 80% pay their accounts in month the month of sale.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9956685

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