Wels Company reports the following sales forecast September, $50,000; October, $60,000, and November, $74.000. All sales are on account Collections of credit sales are received as follows25% 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 WELLS COMPANY Budgeted Cash Receipts For Month Ended November 30 Cash registrom November cath sales Collection of October's salles Collection of September's sales Total budgeted cash reipts