what is wrong with august sales

comector incorrect for the work you have completed so far. It does not QS 22-20 Cash receipts, with uncollectible accounts LO P2 The Guitar Shoppe reports the following sales forecast: August, $140,000, September, $190,000. Total sales include 30% ca 45% credit sales collected in the month following sale, and 25% credit sales written off as uncollectible. Prepare a schedule receipts for September Answer is complete but not entirely correct. THE GUITAR SHOPPE Cash Receipts Budget For Month Ended September 30 Cash receipts from August sales $ 35,000 Cash receipts from September 57,000 sales Total budgeted cash receipts $ 92,000