I cant figure out collections of prior period sales Jasper Company has 70 of its sales on credit and 30 for cash All credit sales are collected in full in the first month following the sale The company budgets sales of $525,000 for April, $535,000 for May, and $560,000 for June Total sales for March are $500,000 Prepare a schedule of cash receipts from sales for April, May, and June Sales Cash receipts from Cash sales JASPER COMPANY Schedule of Cash Receipts from Sales April May Collections of prior period sales Total cash receipts $ 525,000 157,500 $ 535,000 160,500 $ June 560,000 168,000

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I cant figure out collections of prior period sales Jasper Company has 70  of its sales on credit and 30  for cash  All credit sales are collected in full in the first month following the sale  The company budgets sales of $525,000 for April, $535,000 for May, and $560,000 for June  Total sales for March are $500,000  Prepare a schedule of cash receipts from sales for April, May, and June  Sales Cash receipts from  Cash sales JASPER COMPANY Schedule of Cash Receipts from Sales April May Collections of prior period sales Total cash receipts $ 525,000 157,500 $ 535,000 160,500 $ June 560,000 168,000

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I cant figure out collections of prior period sales Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales

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