QS 22-19 Cash receipts LO P2 Music World reports the following sales forecast August, $110,000; and September, $240,000. Cash sales are normally 50% of total sales and all credit sales are expected to be collected in the month following the date of sale. Prepare a schedule of cash receipts for September MUSIC WORLD Cash Receipts Budget For Month Ended September 30 September cash sales Collection of accounts receivabla Total budgeted cash receipts