Russell Company expects cash sales for July of $13,000, and a 24% monthly increase during August and September. Credit sales of $6000 in July should be followed by 14% decreases during August and September. What are budgeted cash sales and budgeted credit sales for September?

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Budgeted cash sales for September can be calculated as follows: July cash sales = $13,000, August cash sales = $13,000 * 1.24 = $16,120, September cash sales = $16,120 * 1.24 = $19,989. Budgeted credit sales for September can be calculated as follows: July credit sales = $6,000, August credit sales = $6,000 * 0.86 = $5,160, September credit sales = $5,160 * 0.86 = $4,438.

Russell Company Expects Cash Sales for July of $13,000, and a 24