Jasper Company has sales on account and for cash. Specifically, 60% of its sales are on account and 40% are for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $531000 for April $541,000 for May, and $566,000 for June. The beginning balance of Accounts Receivable is $307700 on April 1 Prepare a schedule of budgeted cash recepts for April May, and June. 24 April May June Cash sales Sales on account Total sales 40% 6096 May June JASPER COMPANY Schedule of Cash Receipts For April, May, and June April Cash tocopts from Cash sales Collection of courtstovatie To budete chocols Jasper Company as sales on account and for cash. Specifically, 60% of its sales are on account and care for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $531,000 for April , $511,000 for May, and $566.000 for June. The beginning balance of Accounts Recewable is $307700 on April 1 Prepare a schedule of budgeted cash receipts for April May and June 10 April May June 40 Cash sales Salus on account Total 00% May June JASPER COMPANY Schedule of Cash Receipts For April, May, and June April Cash receipts from Cash sales Collection of accounts receivable Tot budgeted cash receipts Jasper Company has sales on account and for cash. Specifically, 60% of its sales are on account and 40% are for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $531000 for April, $541000 for May, and $566.000 for June. The beginning balance of Accounts Receivable is $307700 on April 1, Prepare a schedule of budgeted cash receipts for April, May, and June. April May June Cash salos Sales on account Total sales 40% 6096 May June JASPER COMPANY Schedule of Cash Receipts For April May, and June April Cash receipts from Cash sales Collection of accounts receivable Total budgeted cash receipts