b$.$ The budgeted merchandise purchases.

c$.$ The budgeted cash disbursements for merchandise purchases.

d$.$ Net operating income.

e$.$ An end$-$of$-$month budgeted balance sheet.

Complete this question by entering your answers in the tabs below.

Required $1A$

Required $1$B

Required $1$C

Required $1$D

Required $1$ E

Required $2$A

Required $2$B

Required $2$C

Required $2$D

Required $2$ E

Prepare a budgeted balance sheet at October $31.$ Assume that $50\%$ of a month's credit sales are collected in the month the

sales are made and the remaining $50\%$ is collected in the following month, $(2)$ the ending merchandise inventory is always

$10\%$ of the following month's cost of goods sold, and $(3)20\%$ of all purchases are paid for in the month of purchase and $80\%$

are paid for in the following month.