Prepare schedule of cash receipts from sales for april

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Question: Jasper Company has 63% of its sales on credit and 37% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $528,000 for April, $538,000 for May, and $563,000 for June. Total sales for March are $294,000.

Prepare schedule of cash receipts from sales for April, May, and June.

Reference no: EM133269827

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