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Bult-Tight is preparing its mester budget for the quarter ended September 30, 2015 Budgeted sales and cash payments for product costs for the quarter follow

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Bult-Tight is preparing its mester budget for the quarter ended September 30, 2015 Budgeted sales and cash payments for product costs for the quarter follow 14,340 Factory Sales are 30% cash and 70% on credit A. credit sales are collected the month following the sale. The June 30 balance sheet includes balances of $15,000 in cash: $45900 in ccounts receivabie: $5,400 in accounts payable; and a $5,900 balance in loans payable. A repaid at the end of the month Operating expenses are paid in the month incurred and consist of sales commissions 00% of sales), office salaries ($4.900 per moren), and rent

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