6 QS 7-19 (Algo) Schedule of cash receipts LO P2 Music World reports the following budgeted sales: August, $200,000, and September, $250,000. Cash sales are 60% of total sales, and all credit sales are collected in the month following the sale. Prepare a schedule of cash receipts from sales for September MUSIC WORLD Schedule of Cash Receipts from Sales Sales Cash receipts from Total cash receipts September $250,000