QS 20-20 (Algo) Schedule of cash receipts with uncollectibles LO P2 The Guitar Shoppe reports the following budgeted sales: August $130,000; and September. $190,000. For its total sales, 35% are immediately collected in cash, 45% are credit sales and collected in the month following sale, and the remaining 20% are written off as uncollectible. Prepare a schedule of cash receipts from sales for September THE GUITAR SHOPPE Schedule of Cash Receipts from Sales September Sales $ 190,000 Cash receipts from Total cash receipts 5 0