1 Prepare budgets The first part of this assessment requires you to review the case study information provided and prepare the following budgets using the Green Cat Budget Template: Sales budget Purchases budget Cost of goods sold budget Expenses budget Schedule of payments Schedule of collection from debtors Cash budget GST Payable ledger account You are also required to prepare: A budgeted Profit and Loss for the quarter Budgeted Balance Sheet for the quarter Prepare a Worksheet for each budget and income statement/balance sheet