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8 00 Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first

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8 00 Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $520,000 for April, $530,000 for May, and $555.000 for June. Total sales for March are $306.200 Prepare a schedule of budgeted cash receipts for April May, and June 3 April May June Cash sales Sales on account Total sales 44% 56N May June JASPER COMPANY Schedule of Cash Receipts April Cash receipts from Cash sales Collection of accounts receivable Total cash recept

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