Cash Budget Capstone Inc. collects 30% of its sales on account in the month of the sale and 70% in the month following the sale. If sales on account are budgeted to be $264,000 for September and $209,000 for October, what are the budgeted cash receipts from sales on account for October? 225,500 X Feedback Check My Work The primary source of estimated cash receipts is from cash sales and collections on account. To estimate cash receipts from cash sales and collections on account, a schedule of collections from sales is prepared.