Ch 20: Assessment 1 Jasper Company has 63% of its sales on credit and 37% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $532,000 for April, $542,000 for May, and $567,000 for June. Total sales for March are $307,900. Prepare a schedule of cash receipts from sales for April, May, and June. 16.66 points Sales Cash receipts from: Total cash receipts JASPER COMPANY Schedule of Cash Receipts from Sales April 532,000 May 542,000 June Saved 567,000

Jasper Company has 63% of its sales on credit and 375 for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $532,000 for April, $542,000 for May, and $567,000 for June. Total sales for March are $307,900. Prepare a scheduie of cash receipts from sales for Aprid, May, and June