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Bellerose Used Cars Ltd. is planning its cash needs for the month of January, 2023. The statement of financial position showed the following at December

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Bellerose Used Cars Ltd. is planning its cash needs for the month of January, 2023. The statement of financial position showed the following at December 31,2022 . Required: a. (12 marks) Using the budget worksheet on the following page, record the above information. Assume that all 2022 income taxes have been paid prior to January 1,2023. b. ( 6 marks) Prepare a budgeted statement of financial position at January 31, 2023 and a budgeted income statement, budgeted statement of changes in equity, and budgeted statement of cash flows for the month ended January 31 , 2023. Show all calculations. For SCF purposes, assume the operating loan is not part of cash and cash equivalents. Bellerose used Cars ttd. is planning its cash needs for the month of lanuary, 2023. The itatement of financial position shoued the following at December 31, 2022.1 Required: a. (12 marks) Using the budget worksheet on the following page, record the above information. Assume that all 2022 income taxes have been paid prior to lanuary 1,2023. b. ( 6 marks) Prepare a budgeted statement of financial position at January 31, 2023 and a budgeted income statement, budgeted statement of changes in equily, and budgeted statement of cash flows for the month ended danuary 31 ,2023. Show all calculations. For SCF purposes, assume the operating loan is not part of cash and cash equivalents

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