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The Guitar Shoppe reports the following budgeted sales: August, $ 1 2 0 , 0 0 0 ; and September, $ 2 1 0 ,

The Guitar Shoppe reports the following budgeted sales: August, $120,000; and September, $210,000. For its total sales, 35% are immediately collected in cash, 50% are credit sales and collected in the month following sale, and the remaining 15% are written off as uncollectible. Prepare a schedule of cash receipts from sales for September.The Guitar Shoppe reports the following budgeted sales: August, $120,000; and September, $210,000. For its total sales, 35% are immediately collected in cash, 50% are credit sales and collected in the month following sale, and the remaining 15% are written off as uncollectible. Prepare a schedule of cash receipts from sales for September.

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