NU Return to Blackboard Is Us Weygandt, Managerial Accounting, se Help System Announcements Exercise 185 Casa Development, Inc. has budgeted sales revenues as follows: January February March Budgeted Sales Revenues $55,000 75,000 90,000 80,000 60,000 35.000 April May June Past experience has indicated that 80% of sales each month are on credit and that collection of credit sales occurs as follows: 60% following the sale, and in the second month following the sale. The other 5% is uncollectible. Prepare a schedule which shows expected cash receipts from sales for the months of April, May, and June. (Do not leave any a amounts.) CASA DEVELOPMENT, INC. Expected Cash Receipts from Sales For the Quarter Ended June 30 April June February Sales Credit Sales March Sales Credit Sales April Sales Credit Sales Cash Sales May Sales MacBook R ullo Help System Announcements CASA DEVELOPMENT INC. Expected Cash Receipts from Sales For the Quarter Ended June 30 April May June February Sales Credit Sales March Sales Credit Sales April Sales Credit Sales Cash Sales May Sales Credit Sales Cash Sales June Sales Credit Sales Cash Sales Total Cash Receipts Click if you would like to Show Work for this question: Open Show Work Question Attempts MacBook 80 DU