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Prepare a schedule of cash receipts from sales for april

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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 $517,000 for April, $527,000 for May, and $552,000 for June. Total sales for March are $299,300.

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

Reference no: EM133153344

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