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Jasper Company has sales on account and for cash. Specifically, 59% of its sales are...

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Accounting

Jasper Company has sales on account and for cash. Specifically, 59% of its sales are on account and 41% are for cash. Credit sales are collected in full in the month following the sale. The company forecasts sales of $522,000 for April, $532,000 for May, and $557,000 for June. The beginning balance of Accounts Receivable is $291,400 on April 1. Prepare a schedule of budgeted cash receipts for April, May, and June

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