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please help prepare 3 schedule of cash receipts below for Jasper company Jasper Company has 60% of its sales on credit and 40% for cash.
please help prepare 3 schedule of cash receipts below for Jasper company
Jasper Company has 60% of its sales on credit and 40% 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 $308.700 Prepare a schedule of cash receipts from sales for April, May, and June JASPER COMPANY Schedule of Cash Receipts from Salos April May Sales 524 000 534.000 Cash receipts from Cash sales 209.500 5 213,6001s Collections of prior period sales Total cash receipts June 559.000 223 600 Jasper Company has 63% of its sales on credit and 37% for cash All credit sales are collected in full in the first month following the sale. The company budgets sales of $531,000 for April, $541,000 for May, and $566,000 for June Total sales for March are $301,600 Prepare a schedule of cash receipts from sales for April, May, and June JASPER COMPANY Schedule of Cash Receipts from Sales April May 531,000 541,000 June 566.000 Sales Cash receipts from les Total cash receipts Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $525,000 for April, $535,000 for May, and $560,000 for June. Total sales for March are $500,000 Prepare a schedule of cash receipts from sales for April May, and June JASPER COMPANY Schedule of Cash Recelts from Sales April May 525.000 535.000 June 550.000 Sales Cash receipts from Total cash receipt Step by Step Solution
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