Jasper Company has sales on account and for cash. Specifically, 55% of its sales are on account and 45% are for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $522,000 for April, $532,000 for May, and $557,000 for June. The beginning balance of Accounts Receivable is $293,900 on April 1. Prepare a schedule of budgeted cash receipts for April, May, and June.

UUT Jueu l'ally, 55% of its sales are on account a HIT TUM HI the month following the sale. The company forecasts sales of $522,000 for April for June. The beginning balance of Accounts Receivable is $293,900 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June June Cash sales Sales on account Total sales 45% 55% JASPER COMPANY Schedule of Cash Receipts For April, May. and June May une Cash receipts from: Cash sales Collection of accounts receivable Total budgeted cash receipts