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QS 20-18 (Algo) Schedule of cash receipts LO P2 X-Tel budgets sales of $70,000 for...

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QS 20-18 (Algo) Schedule of cash receipts LO P2 X-Tel budgets sales of $70,000 for April, $140,000 for May, and $95,000 for June. Sales are 50% cash and 50% on credit. All credit sales are collected in the month following the sale. Total sales for March were $13,000. Prepare a schedule of cash receipts from sales for April, May, and June

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