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QS 20-17 (Algo) Schedule of cash receipts LO P2 Liza's budgets sales of $47,000 for May and $63.000 for June. Assume 60% of Liza's sales

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QS 20-17 (Algo) Schedule of cash receipts LO P2 Liza's budgets sales of $47,000 for May and $63.000 for June. Assume 60% of Liza's sales are for cash. The remaining 40% are credit sales; credit customers pay the entire amount owed in the month following the saile. Prepare the schedule of cash recelpts from sales for June

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