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Based on the following information gathered from the budgets indicated, create a Budgeted Balance Sheet for Pop Products, Inc. forluly 31, 2021. Source Budget Account

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Based on the following information gathered from the budgets indicated, create a Budgeted Balance Sheet for Pop Products, Inc. forluly 31, 2021. Source Budget Account Amount Cash Budget Cash $44,510 Schedule of Cash Receipts Accounts Receivable $81,920 Direct Material Budget Raw Materials Inventory $30,020 Production Budget Finished Good Inventory 145 units Cost of Goods Sold Budget Finished Good Inventory 330 per unit 2020 Balance Sheet Equipment $321,060 Capital Expenditures Budget Equipment $174,510 2020 Balance Sheet Accumulated Depreciation $13,860 Manufacturing Overhead Budget Accumulated Depreciation $47,640 Schedule of Cash Payments Accounts Payable $26,250 2020 Balance Sheet Common Stock $335,920 2020 Balance Sheet Retained Earnings $72,290 Budgeted Income Statement Retained Earnings $203,910 ASSETS Current Assents Cash Accounts Receivable Raw Materials Inventory Finished Good Inventory Total Current Assets Property, Plant & Equipment Equipment Accumulated Depreciation TOTAL ASSETS LIABILITIES Current Liabilities Accounts Payable Stockholders Equity Common Stock Retained Earnings Total Stockholders Equity TOTAL LIABILITIES AND STOCKHOLDERS EQUITY

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