Data Table X Data Table 5 310,000 33,000 11,000 Credit Budgeted total sales, all on account Budad de nue to be purchased and used Budgeted director cost Budgeted manufacturing overed costs Verable manufacturing overhead Depreciation Insurance and property taxes Budgeted cost of goods sold Budgeting and administrative expenses Salaries expense Rente pense Insurance expense Depreciation expense Supos expense Budgeted cash retstrom ustomers 2.000 1.100 1.400 71 300 Cook Company Post Closing Trial Balance December 31, 2018 Account Debit Cash 5 32.000 Accounts Receivable 18 500 Raw Materials inventory 14.000 Finished Goods inventory 25.500 Equipment 135,000 Accumulated Depreciation $ Accounts Payable Common Stock Retained Earnings Totals $ 225 000 $ 8.000 4500 1.000 600 3100 261,500 70,000 18,500 100.000 38.500 225.000 Print Print Done Done Done Done Requirement 2. Prepare Cooke Company's budgeted balance sheet as of March 31, 2019, Cooke Company Budgeted Balance Sheet March 31, 2019 Assets Current Assets Cash Accounts Receivable Raw Materials Inventory 14,000 Finished Goods Inventory I Total Current Assets Property, Plant, and Equipment: Equipment 135.000 Total Current Assets Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock $ 100,000 Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity