8 Jasper Company has sales on account and for cash. Specifically, 70% of its sales are on account and 30% are for cash Credit sales are collected in full in the month following the sale. The company forecasts sales of $525,000 for April, $535,000 for May, and $560.000 for June. The beginning balance of Accounts Receivable is $400,000 on April 1. Prepare a schedule of budgeted cash receipts for April, May, and June 10 points April May June Cash sales ebook 30% 70% Sales on account * Total sales Hint T Print May June References JASPER COMPANY Schedule of Cash Receipts For April May, and June April Cash receipts from: Cash sales Collection of accounts receivable Total budgeted cash receipts