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Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first month following

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Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $524,000 for April, $534,000 for May, and $559,000 for June. Total sales for March are $292,900. Prepare a schedule of budgeted cash receipts for April, May, and June. April May June Cash sales 44% Sales on account 56% Total sales 0 $ 0 $ 0 JASPER COMPANY Schedule of Cash Receipts April May June

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