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Jasper Company has sales on account and for cash. Specifica y, 59% of its sales are on account and 41% are for cash redit s

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Jasper Company has sales on account and for cash. Specifica y, 59% of its sales are on account and 41% are for cash redit s esa collected in full in the month following the sale. The company forecasts sales of $533,000 for April, $543,000 for May, and $568.000 for June. The beginning balance of Accounts Receivable is $292,800 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June Cash sales Sales on account Total sales Schedule of Cash Recelpts For April, May, and June Cash receipts from Collection of Total budgeted cash recelpts 6 3

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