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Iasper Company has 60% of Its sales on credit and 40% for cash. All credit sales are collected In full in the first month following
Iasper Company has 60% of Its sales on credit and 40% for cash. All credit sales are collected In full in the first month following the :ale. The company budgets sales of $531,000 for April, $541,000 for May, and $566,000 for June. Total sales for March are $291,000. Prepare a schedule of cash recelpts from sales for April, May, and June
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