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Jasper Company has 5 9 % of its sales on credit and 4 1 % for cash. All credit sales are collected in full in

Jasper Company has 59% of its sales on credit and 41% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $528,000 for April, $538,000 for May, and $563,000 for June. Total sales for March are $293,800. Jasper Company has 59% of its sales on credit and 41% for cash. All credit sales are collected in full in the first month following the
sale. The company budgets sales of $528,000 for April, $538,000 for May, and $563,000 for June. Total sales for March are
$293,800.
Prepare a schedule of budgeted cash receipts for April, May, and June.
Prepare a schedule of budgeted cash receipts for April, May, and June.
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