) B12 S&P Enterprises has provided data from the first three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments to suppliers. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell on the Budget Data tab, "=B5" was entered the formula would output the result from cell B5, or 1,600 in this example. Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below, if in a blank cell on the Schedules and Cash Budget tab "='Budget Data'!C7" was entered the formula would output the result from cell C7 in the Budget Data tab, or 33,750 in this example. Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract), * (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell on the Budget Data tab, =B15+B16" was entered, the formula would add the values from those cells and output the result, or 34,000 in this example. If using the other math symbols the result would output an appropriate answer for its function. example. Similarly, if in a blank cell"=SUM(B10:B12) was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 97% in this example. Cash Budaet with Supportina Cash Collections and Disb... FILE HOME INSERT PAGE FORMULAS DATA REVIEW VIEW Sign In Calibri 11 Paste BLUE.. AlignmeNumbeonditionFormat Cell Cells Formattir as Styles Clipboard Font Styles AL S&P Enterprises needs a cash budget for March. The following infor D B S&P Enterprises needs a cash budget for March. The following information is available. January February March 1 Data 4 Actual January and February and expected March sales: 5 Cash sales 6 Sales 7 Total Sales $ 1.600 3,750 S 5.100 25.000 30/00 40.000 $20.600 S 33,750 $ 45.100 10 15 Accounts Receivable Collections Mont of sale Monowing sale Second month following sale Uncollectible 12 11 14 S10.500 $25,500 15 Accounts payable for inventory purchases, March 1 bulance 16 Budgeted inventory purchases in March 19 Inventory payments: Month of purchase Month following purchase 05 21 Total budgeted selling & administrative expenses in March 22 Budgeted selling & administrative depreciation in March S12,500 $3,200 her haderted cash dishum in March Budget Data Schedules and Cash E READY Attempt(s) BE 1 +100% Show Me AlignmeNumber one toormat Cell Cells 11 March purchases S&P Enterprises has provided data from the first three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments to suppliers. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell on the Budget Data tab, "=B5" was entered the formula would output the result from cell B5, or 1,600 in this example. Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below, if in a blank cell on the Schedules and Cash Budget tab '='Budget Data'!C7" was entered the formula would output the result from cell C7 in the Budget Data tab, or 33,750 in this example. Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add),- (minus sign to subtract), * (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell on the Budget Data tab, =B15+816" was entered, the formula would add the values from those cells and output the result, or 34,000 in this example. If using the other math symbols the result would output an appropriate answer for its function. SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below, if in a blank cell"SUM(B10,811,B12)" was entered the formula would output the result of adding those three separate cells, or 97% in this example. Similarly, if in a blank cell"=SUM(B10:B12) was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 97% in this example. Cash Budaet with Supportina Cash Collections and Disb... - 5 FILE HOME INSERT PAGE FORMULAS DATA REVIEW VIEW Sign In Calibri Paste Formattir Styles Clipboard Font Styles Expected cash collections: B 1 Expected cash collections: 2 March cash collections March collections account 4 January sales 5 February sales 6 Marcih sales 7 Total cash collections 8 Payments to suppliers: 10 Accounts payable for inventory purchases, beginning balance Tintah payment 13 14 S&P Flapis 15 Cash Bull 16 Feelle Musik Mund 13 13 Cash balance, March 1 19 Add cash receipts 20 Collections from customers 21 Total cash available before current facing 22 Less disbursements: 23 Payments to suppliers 24 Selling and administrative expenses - Budget Data Schedules and Cash READY Attempt(s) 1 +100% Show ) B12 S&P Enterprises has provided data from the first three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments to suppliers. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell on the Budget Data tab, "=B5" was entered the formula would output the result from cell B5, or 1,600 in this example. Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below, if in a blank cell on the Schedules and Cash Budget tab "='Budget Data'!C7" was entered the formula would output the result from cell C7 in the Budget Data tab, or 33,750 in this example. Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract), * (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell on the Budget Data tab, =B15+B16" was entered, the formula would add the values from those cells and output the result, or 34,000 in this example. If using the other math symbols the result would output an appropriate answer for its function. example. Similarly, if in a blank cell"=SUM(B10:B12) was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 97% in this example. Cash Budaet with Supportina Cash Collections and Disb... FILE HOME INSERT PAGE FORMULAS DATA REVIEW VIEW Sign In Calibri 11 Paste BLUE.. AlignmeNumbeonditionFormat Cell Cells Formattir as Styles Clipboard Font Styles AL S&P Enterprises needs a cash budget for March. The following infor D B S&P Enterprises needs a cash budget for March. The following information is available. January February March 1 Data 4 Actual January and February and expected March sales: 5 Cash sales 6 Sales 7 Total Sales $ 1.600 3,750 S 5.100 25.000 30/00 40.000 $20.600 S 33,750 $ 45.100 10 15 Accounts Receivable Collections Mont of sale Monowing sale Second month following sale Uncollectible 12 11 14 S10.500 $25,500 15 Accounts payable for inventory purchases, March 1 bulance 16 Budgeted inventory purchases in March 19 Inventory payments: Month of purchase Month following purchase 05 21 Total budgeted selling & administrative expenses in March 22 Budgeted selling & administrative depreciation in March S12,500 $3,200 her haderted cash dishum in March Budget Data Schedules and Cash E READY Attempt(s) BE 1 +100% Show Me AlignmeNumber one toormat Cell Cells 11 March purchases S&P Enterprises has provided data from the first three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments to suppliers. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell on the Budget Data tab, "=B5" was entered the formula would output the result from cell B5, or 1,600 in this example. Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below, if in a blank cell on the Schedules and Cash Budget tab '='Budget Data'!C7" was entered the formula would output the result from cell C7 in the Budget Data tab, or 33,750 in this example. Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add),- (minus sign to subtract), * (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell on the Budget Data tab, =B15+816" was entered, the formula would add the values from those cells and output the result, or 34,000 in this example. If using the other math symbols the result would output an appropriate answer for its function. SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From the Excel Simulation below, if in a blank cell"SUM(B10,811,B12)" was entered the formula would output the result of adding those three separate cells, or 97% in this example. Similarly, if in a blank cell"=SUM(B10:B12) was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formula, and the result would be 97% in this example. Cash Budaet with Supportina Cash Collections and Disb... - 5 FILE HOME INSERT PAGE FORMULAS DATA REVIEW VIEW Sign In Calibri Paste Formattir Styles Clipboard Font Styles Expected cash collections: B 1 Expected cash collections: 2 March cash collections March collections account 4 January sales 5 February sales 6 Marcih sales 7 Total cash collections 8 Payments to suppliers: 10 Accounts payable for inventory purchases, beginning balance Tintah payment 13 14 S&P Flapis 15 Cash Bull 16 Feelle Musik Mund 13 13 Cash balance, March 1 19 Add cash receipts 20 Collections from customers 21 Total cash available before current facing 22 Less disbursements: 23 Payments to suppliers 24 Selling and administrative expenses - Budget Data Schedules and Cash READY Attempt(s) 1 +100% Show