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X-Tel budgets sales of $80,000 for April, $125,000 for May, and $50,000 for June In addition, sales are 50% cash and 50% on credit All

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X-Tel budgets sales of $80,000 for April, $125,000 for May, and $50,000 for June 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 $20.000 Prepare a schedule of budgeted cash receipts for Aprd, May, and June X-TEL Cash Receipts Budget For April, May, and June April May June Cash receipts from Total budgeted cash receipts $ 0 0$ 0

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