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Please help. Thank you..Will hit . Jasper Company has sales on account and for cash. Specifically, 62% of its sales are on account and 38%

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Please help. Thank you..Will hit .

Jasper Company has sales on account and for cash. Specifically, 62% of its sales are on account and 38% are for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $526,000 for April, $536,000 for May, and $561,000 for June. The beginning balance of Accounts Receivable is $305,800 on April 1 Prepare a schedule of budgeted cash receipts for April, May, and June April May June Cash sales Sales on account 38% 62% Total sales 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

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