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will upvote! thank you X-Tel budgets sales of $72,000 for April, $162,000 for May, and $90,000 for June. Sales are 40% cash and 60% on
will upvote! thank you X-Tel budgets sales of $72,000 for April, $162,000 for May, and $90,000 for June. Sales are 40% cash and 60% on credit. All credit sales are collected in the month following the sale. Total sales for March were $12,000. Prepare a schedule of cash receipts from sales for April, May, and June X-TEL Schedule of Cash Receipts from Sales April May $ 72,000 $ 162,000 $ June 90,000 Sales Cash receipts from: Cash sales Sales Total cash receipts 72,000 $ 72,000 $ 0 $ 0
will upvote! thank you
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