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Jasper Company has 6 5 % of its sales on credit and 3 5 % for cash. All credit sales are collected in full in

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Jasper Company has 65% of its sales on credit and 35% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $530,000 for April, $540,000 for May, and $565,000 for June. Total sales for March are $303,000.
Prepare a schedule of cash receipts from sales for April, May, and June.
\table[[JASPER COMPANY],[Schedule of Cash Receipts from Sales],[,April,May,June],[Sales,530,000,540,000,565,000],[Cash receipts from:,,,],[,,,],[,,,],[Total cash receipts,,,]]
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