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Jasper Company has 55% of its sales on credit and 45% for cash. All credit sales are collected in full in the first month following
Jasper Company has 55% of its sales on credit and 45% 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 $308,600 Prepare a schedule of cash receipts from sales for April, May, and June 3-41 JASPER COMPANY Schedule of Cash Receipts from Sales April May 528.000 538.000 June 563,000 Sales Cash receipts from Total cash receipts
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