QS $20-19($Algo$)$ Schedule of cash receipts LO P$2$

Music World reports the following budgeted sales: August, $$190,000$; and September, $$240,000.$ Cash sales are $40\%$ 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.

$\backslash$table$[[$MUSIC WORLD$],[$Schedule of Cash Receipts from Sales$],[$Sales$,$September$],[$Cash receipts from:,$$240,000$