Question: I need help with this question. The Guitar Shoppe reports the following sales forecast: August, $140,000; September, $270,000. Total sales include 30% cash sales, 50%

I need help with this question.

The Guitar Shoppe reports the following sales forecast: August, $140,000; September, $270,000. Total sales include 30% cash sales, 50% credit sales collected in the month following sale, and 20% credit sales written off as uncollectible. Prepare a schedule of cash receipts for September. THE GUITAR SHOPPE Cash Receipts Budget For Month Ended September 30 Cash receipts from August sales $135,000 Cash receipts from September sales Total budgeted cash receipts 81,000 216,000

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