x-Tel budgets sales of $55,000 for April, $110,000 for May, and $60,000 for June. 5 In addition, sales are 50 % cash and 50 % on credit. All credit sales are collected in the month following the sale. The April 1 balance in accounts receivable is $19,000. Prepare a schedule of budgeted cash receipts for April, May, and June. 05 X-TEL points Cash Recelpts Budget For April, May, and June April May June eBook Print References Cash receipts from Total cash receipts LO