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The Guitar Shoppe reports the following budgeted sales: August, $100,000; and September, $230,000. For its total sales, 30% are immediately collected in cash, 50% are

image text in transcribed The Guitar Shoppe reports the following budgeted sales: August, $100,000; and September, $230,000. For its total sales, 30% are immediately collected in cash, 50% 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

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