Cash Budget with Supporting Cash Collections and Disbursements Schedules 1. Prepare a sales budget, Including a schedule of ex 2. Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials 3. Prepare a cash budget d cash collections. Cash Budget coortina Cash colectors FILE HOME INSERT sign In altri dipboard A1 udget for March. The followina information is 1 S & P Enterprises needs a cash bud r M 3 Data 4 Actual January and February and expected March sale s Cash sales 6 Sa March account Total Sales unts Receivable Collections 0Month of sale 11Month following sale 1Second month following sale 3 Uncollectible 14 22% 3% $10,500 $23,500 Accounts payable for inventory purchases, March 1 ba i6 Budgeted inventory purchases in March 7 Inventory payment 18 Month of purchase 19Month following purchase 20 60% ling & administrative expenses in Total budgeted sel March Budgeted selling & administrative depreciation in March 12,500 $3,200 Budget Data Schedules and Cash Budget ". . READY Attempt(s) References