complete This Test: 100 pts por Evaris Restaurant Scoly is preparing is cash budgets for the first two months of the upcoming you. Here is the information about the company's upcoming cash receipts and cash disbursements: the con to view the information) 1. 2 Prepare schedules of (a) budgeted cash collections, budgeted cash payments for purchases and budged cash payments for operating per Shows for each more and stars for January and February combined Prepare a combined cash budget. If no financing activity takes place, what is the budged cash balance on February 2007 Requirement ta. Prepare a schedule of budgeted cash collections for January and February. Show tools for each month and totals for January and February combined Eva's Restaurant Supply Cash Collections Budget For the Months Ended January 31 and February 28 January February Total Cash sales Collection on credits Total cash collection b. Prepare a schedule of budgeted cash payments for purchases for January and February. Show toals for each month and tools for Jawy and February combined Eva's Restaurant Supply Cash Payments for Material Purchases Budget For the Months Ended January 31 and February 28 January February Total 30% of current me DM purchases 70% of last mon phases Enter any number in the edit fields and then continue to the next Gestion 1. 2. Evaris Restaurant Supply is preparing ts cash budgets for the first two months of the upcoming year. Here is the information about the company's upcoming cash receipts and cash disbursements: lick the icon to view the information) Requirements Prepare schedules of (a) budgeted cash collections, (b) budgeted cash payments for purchases and budgeted cash payments for operating expenses Show totals for each month and totals for January and February combined Prepare a combined cash budget. If no financing activity takes place, what is the budgeted cash balance on February 287 b. Prepare a schedule of budgeted cash payments for purchases for January and February show totals for each month and totals for January and February combined. Eva's Restaurant Supply Cash Payments for Material Purchases Budget Question Viewer For the Months Ended January 31 and February 28 January February Total 30 of current month DM purchases 70% of last month's DM purchases Total cash payments c. Prepare a schedule of budgeted cash payments for operating expenses for January and February. Show totals for each month and totais for January and February combined. (ir a box is not used in the table leave the box empty, do not enter 20. Round al amounts to the nearest dolar) Evan Restaurant Supply Cash Payments for Operating Expenses Budget For the Months Ended January 31 and February 28 January February Total Variable cash operating expenses Sales commissions December Enter any number in the edit fields and then continue to the next question Eva's Restaurant Supply is preparing its cash budgets for the first two months of the upcoming year. Here is the information about the company's upcoming cash rent and cash disbursements: Click the loon to view the information) Requirements 1. Prepare schedules of () budgeted cash collections, budgeted cash payments for purchases, and (c) budgeted cash payments for operating pers. Show totais for each month and was for January and February combined 2 Prepare a combined cash budget. If no financing activity the place, what is the budgeted cash bare on February 2017 e. Prepare a schedule of budgeted cash payments for operating expenses for January and February Show tools for each month and tools for January and February combined. Of a box is not used in the the box modo naterra 2010. Round al amounts to the nearest Evan Restaurant Supply Cash Payments for Operating Expenses Budget View For the Month Ended January 31 and February 28 January February Total Variable cheating expenses Sales como December Salon January She common February Total areas operating expenses Federating expenses Sales ales December Sales January Sales Fabruary Taxerse Enter any number in the edit folds and then continue to the next question Supply is preparing cash budgets for the first two months of the upcoming year. Here is the information about the company's upcoming cash receipts and cash disbursement Click the loon to view the information) Requirements 1. Prepare schedules of (a) bugeted cash collections, budgeted cash payments for purchases, and (e) budged cash payments for operating expenses Show totale for each month and totale for January and Forway.combined 2. Prepare a combined cash budget. I no financing activity takes place, what is the budgeted cash balance on February 287 Tax and Total fed cash operating expenses Total cash payments for operating expenses Requirement 2. Prepare a combined cash budget for January and February. If no financing activity takes place, what is the budgeted chance on February 307 Eva's Restaurant Supply Combined Cash Budget For the Months Ended January 31 and February 28 January February 2 months Beginning cash balance Plus Cashcoctions from customers Totalcat valabile Direct mais purchases Opening expenses Totalcach po Ending cash bilan bly is preparing its cash budgets for the first two months of the upcoming year. Here is the information about the company's upcoming cash receipts and cash disbursements: w the information.) More Info es of (a) budgeted cash collections, (b) ned cash budget. If no financing activity h month and totals for Janu ng expenses operating expenses a combined cash budget for January Evan's Restaurant Su Combined Cash Bud For the Months Ended January 31 January a. Sales are 70% cash and 30% credit. Credit sales are collected 30% in the month of sale and the remainder in the month after sale. Actual sales in December were $52,000. Schedules of budgeted sales for the two months of the upcoming year are as follows: Budgeted Sales Revenue January $68,000 February $71,000 b. Actual purchases of direct materials in December were $24,500. The company's purchases of direct materials in January are budgeted to be $20,000 and $26,000 in February. All purchases are paid 30% in the month of purchase and 70% the following month C. Salaries and sales commissions are also paid half in the month eamed and half the next month Actual salaries were $10,000 in December. Budgeted salaries in January are $11,000 and February budgeted salaries are $12,500. Sales commissions each month are 8% of that month's sales. d. Rent expense is $3,300 per month e. Depreciation is $2,600 per month f. Estimated income tax payments are made at the end of January. The estimated tax payment is projected to be $13,500 9. The cash balance at the end of the prior year was $19,000 rom customers Shases Print Done o edit fields and then continue to the next