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Prepare a schedule of budgeted cash receipts for April

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Reference no: EM133053882

Question - Jasper Company has 56% of its sales on credit and 44% for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $524,000 for April, $534,000 for May, and $559,000 for June. Total sales for March are $292,900. Prepare a schedule of budgeted cash receipts for April, May, and June.

Reference no: EM133053882

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