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The Gultar Shoppe reports the following budgeted sales: August, $130,000; and September, $180,000....

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Accounting

The Gultar Shoppe reports the following budgeted sales: August, $130,000; and September, $180,000. 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 recelpts from sales for September.
\table[[THE GUITAR SHOPPE],[Schedule of Cash Receipts from Sales],[Sales,September],[Cash receipts from:,$180,000
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