Exercise $20-18($Algo$)$ Schedule of cash receipts LO P$2$

Jasper Company has $61\%$ of its sales on credit and $39\%$ for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $$527,000$ for April, $$537,000$ for May, and $$562,000$ for June. Total sales for March are $$295,700.$

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

$\backslash$table$[[$JASPER COMPANY$],[$Schedule of Cash Receipts from Sales,$],[$Sales$,$April,May,June,$],[$Cash receipts from:,$527,000,537,000,562,000,],[,,,,],[,,,,],[$Total cash receipts,,,,$]]$