Exercise $20-18($Algo$)$ Schedule of cash receipts LO P$2$

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 $$522,000$ for April, $$532,000$ for May, and $$557,000$ for June. Total sales for March are $$309,600.$

Prepare a schedule of cash receipts from sales for April, May, and June.

$\backslash$table$[[$JASPER COMPANY$],[$Schedule of Cash Receipts from Sales$],[,$April,May,June$],[$Sales$,522,000,532,000,557,000],[$Cash receipts from:,,,$],[,,,],[,,,],[,,,],[$Total cash receipts,,,$]]$