Schedule of Cash Recept Del Spencer is the owner and founder of De Spencer's Men's Clothing Store Da Spencer's has its own house charge accounts and has found from past experience that 10 percent remaining 90 percent on credit Anaging schedule for accounts receivable reveals the following pattern 15 percent of credit sales are paid in the month of sale 65 percent of crede sales are paid in the first month following the 14 percent of credit sal ve paid in the second month follow the sale 6 percent of credit sales are never collected Credit sales that have not been paid until the second month following the sale are considered overdue and are subject to a percent late change De Spencer's has developed the following sales forecast: May $50,000 55,000 45,000 56,000 000 Septembre Hegede Prepare a schedule of cash rects for Ajust and September Round Del Spencer's Men's Clothing Store Schedule of Cash Receipts For the Month of August and September Required: Prepare a schedule of cash receipts for August and September. Round all amounts to the nearest dollar. Del Spencer's Men's Clothing Store Schedule of Cash Receipts For the Months of August and September August September Cash sales Received from sales in: June Dully: August: September: Total cash receipts