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QS 20-17 (Algo) Schedule of cash receipts LO P2 Liza's budgets sales of $48,000 for May and $58,000 for June. Assume 50% of Liza's sales

image text in transcribed QS 20-17 (Algo) Schedule of cash receipts LO P2 Liza's budgets sales of $48,000 for May and $58,000 for June. Assume 50% of Liza's sales are for cash. The remaining 50% are credit sales; credit customers pay the entire amount owed in the month following the sale. Prepare the schedule of cash receipts from sales for June

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