Exercise $22-18($Algo$)$ Schedule of cash receipts LO P$2$

Jasper Company has $59\%$ of its sales on credit and $41\%$ for cash. All credit sales are collected in full in the first month following the sale. The company budgets sales of $$531,000$ for April, $$541,000$ for May, and $$566,000$ for June. Total sales for March are $$291,300.$

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

$\backslash$table$[[$JASPER COMPANY$],[$Schedule of Cash Receipts from Sales$],[,$April,May,June$],[$Sales$,531,000,541,000,566,000],[$Cash receipts from:,,,$],[,,,],[,,,],[$Total cash recelpts,,,$]]$