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Exercise 2 2 - 1 8 ( Algo ) Schedule of cash receipts LO P 2 Jasper Company has 6 5 % of its sales

Exercise 22-18(Algo) Schedule of cash receipts LO P2
Jasper Company has 65% of its sales on credit and 35% for cash. All credit sales are collected in full in the first month following
the sale. The company budgets sales of $529,000 for April, $539,000 for May, and $564,000 for June. Total sales for March are
$307,800.
Prepare a schedule of cash receipts from sales for April, May, and June.
Answer is complete but not entirely correct.
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