X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for June Sales are 40% cash and 60% on credit. A

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X Tel Budgets Sales Of 60 000 For April 100 000 For May And 80 000 For June Sales Are 40 Cash And 60 On Credit A 1 (32.17 KiB) Viewed 12 times

X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for June Sales are 40% cash and 60% on credit. All credit sales are collected in the month following the sale. Total sales for March were $25,000. Prepare a schedule of cash receipts from sales for April, May, and June X-TEL Schedule of Cash Receipts from Sales April Sales Cash receipts from: Collections of prior period sales Cash sales Total cash receipts May June $ 60,000 $ 108,000 $ 80.000 $ 0 $ Check my wo $