Wells Company reports the following sales forecast: September, $53,000; October, $69,000; and November, $81,000. All sales are on account. Collections of credit sales are received as follows: 25% in the month of sale, 60% in the first month after sale, and 10% in the second month after sale. 5% of all credit sales are written off as uncollectible. Prepare a schedule of cash receipts for November.

ter 20 Wells Company reports the following sales forecast September. $53,000 October $69.000; account. Collections of credit sales are received as follows: 25% In the month of sale, 60% In second month after sale, 5% of all credit sales are written off as uncollectible Prepare a sche Budgeted Cash Receipts For Month Ended November 30 Cash reoeipts from November cash sales Collection of October's sales Collection of September's sales Total budgeted cash receipts