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Exercise 20-18 Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales are collected iasilits Schedule of cash receipts

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Exercise 20-18 Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales are collected iasilits Schedule of cash receipts first month following the sale. The company budgets sales of $525,000 for April, $535,000 for K 1 a a P2 $560,000 for June. Total sales for March are $500,000. Prepare a schedule of cash receips froes wo h April, May, and June

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