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QS 20-19 (Algo) Schedule of cash receipts LO P2 Music World reports the following budgeted sales: August, $180,000; and September $220,000. Cash sales are 60%

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QS 20-19 (Algo) Schedule of cash receipts LO P2 Music World reports the following budgeted sales: August, $180,000; and September $220,000. 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 September Sales $ 220,000 Cash receipts from Total cash receipts $ 0

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