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3 Jasper Company has 57% of its sales on credit and 43% for cash. All credit sales are collected in full in the first month
3 Jasper Company has 57% of its sales on credit and 43% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $526,000 for April, $536,000 for May, and $561,000 for June. Total sales for March are $307,300. Prepare a schedule of cash receipts from sales for April, May, and June. 16.66 points eBook Sales Cash receipts from Total cash receipts JASPER COMPANY Schedule of Cash Receipts from Sales April May 526,000 536,000 June 561,000
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