how does the balance sheet and budgeting assumptions look like for a service company like a web design. thank you.

Can you please give me a format of the balance sheet and budgeting of a webdesign service company because the format given by my book is for a manufacturing company. I dont have raw materials

pally expects to collect 70% of its credit sales in th KHIBIT 8-4 Hampton Freeze: Budgeting Assumptions D E F 1 2 B Hampton Freeze, Inc. Budgeting Assumptions For the Year Ended December 31, 2018 3 + A 4 5 Quarters Quarter B Sales Budget 2 4 7 Budgeted sales in cases 10 000 30 000 40 000 & Seling price per case 20 000 9 Percentage of sales collected in the quarter of sale S2000 70% 10 Percentage of sales collected in the quarter after sale 30% 11 12 Production Budget 13 Percentage of next quarter's sales in ending finished goods inventory 20% 14 15. Direct Materiais Budget 16 Pounds of sugar per case 15 17 Cost per pound of sugar s 0.20 18 Percentage of next Quarter's production needs in ending inventory 10% 19 Percentage of purchases paid in the quarter purchased 50% 20 Percentage of purchases paid in the quarter after purchase 50% 21 22 Direct Labor Budget 23 Direct labor-hours required per case 0.40 24 Direct labor cost per hour $ 15.00 25 25 Manufacturing Overhead Budger 27 Variable manufacturing overhead per direct labor-hour $ 400 20 Foed manufacturing overhead per quarter $ 60.600 29 Depreciation per quarter 5 15 000 30 31 22 Sewing and Administrative Expense Budger 33 Variable selling and administrative expense per case S 1.80 34 Fixed seling and administrative expense per quarter 35 Advertising $ 20.000 35 Executive salaries S 55 000 37 Insurance $ 10.000 38 Property tax $ 4 000 39 Depreciation $ 10 000 40 41 Cash Budget 42 Minimum cash balance $ 30 000 43 Equipment purchases 550 000 $ 40.000 $20 000 20 000 46 Dividends $ 8.000 3% 45 Simple interest rate per quarter 45 + Beginning Balance Sheet Budgeting Assumptions Schedule 1 Schede Schell For simplicity, we assume that all quarterly estimates, except quarterly unit sales and equipment purchases, will be the sam or all four quarters. que Microsoft A 2 Hampton Freeze, Inc. Balance Sheet December 31, 2017 3 4 5 Assets 6 Current assets 7 Cash $ 42.500 8 Accounts receivable 90.000 9 Raw materials inventory (21,000 pounds) 4,200 10 Finished goods inventory (2,000 cases) 26.000 11 Total current assets $ 162,700 12 Plant and equipment: 13 Land 80,000 14 Buildings and equipment 700.000 15 Accumulated depreciation (292.000 16 Plant and equipment, net 488,000 17 Total assets $ 650.700 18 19 Liabilities and Stockholders' Equity 20 Current liabilities: $ 25,800 21 Accounts payable 22 Stockholders' equity $ 175,000 23 Common stock 449.900 24 Retained earnings 624.900 25 Total stockholders' equity $650.700 26 Total liabilities and stockholders' equity 27 Beginning Balance Sheet Budgeting Assumed Source: Microsoft pally expects to collect 70% of its credit sales in th KHIBIT 8-4 Hampton Freeze: Budgeting Assumptions D E F 1 2 B Hampton Freeze, Inc. Budgeting Assumptions For the Year Ended December 31, 2018 3 + A 4 5 Quarters Quarter B Sales Budget 2 4 7 Budgeted sales in cases 10 000 30 000 40 000 & Seling price per case 20 000 9 Percentage of sales collected in the quarter of sale S2000 70% 10 Percentage of sales collected in the quarter after sale 30% 11 12 Production Budget 13 Percentage of next quarter's sales in ending finished goods inventory 20% 14 15. Direct Materiais Budget 16 Pounds of sugar per case 15 17 Cost per pound of sugar s 0.20 18 Percentage of next Quarter's production needs in ending inventory 10% 19 Percentage of purchases paid in the quarter purchased 50% 20 Percentage of purchases paid in the quarter after purchase 50% 21 22 Direct Labor Budget 23 Direct labor-hours required per case 0.40 24 Direct labor cost per hour $ 15.00 25 25 Manufacturing Overhead Budger 27 Variable manufacturing overhead per direct labor-hour $ 400 20 Foed manufacturing overhead per quarter $ 60.600 29 Depreciation per quarter 5 15 000 30 31 22 Sewing and Administrative Expense Budger 33 Variable selling and administrative expense per case S 1.80 34 Fixed seling and administrative expense per quarter 35 Advertising $ 20.000 35 Executive salaries S 55 000 37 Insurance $ 10.000 38 Property tax $ 4 000 39 Depreciation $ 10 000 40 41 Cash Budget 42 Minimum cash balance $ 30 000 43 Equipment purchases 550 000 $ 40.000 $20 000 20 000 46 Dividends $ 8.000 3% 45 Simple interest rate per quarter 45 + Beginning Balance Sheet Budgeting Assumptions Schedule 1 Schede Schell For simplicity, we assume that all quarterly estimates, except quarterly unit sales and equipment purchases, will be the sam or all four quarters. que Microsoft A 2 Hampton Freeze, Inc. Balance Sheet December 31, 2017 3 4 5 Assets 6 Current assets 7 Cash $ 42.500 8 Accounts receivable 90.000 9 Raw materials inventory (21,000 pounds) 4,200 10 Finished goods inventory (2,000 cases) 26.000 11 Total current assets $ 162,700 12 Plant and equipment: 13 Land 80,000 14 Buildings and equipment 700.000 15 Accumulated depreciation (292.000 16 Plant and equipment, net 488,000 17 Total assets $ 650.700 18 19 Liabilities and Stockholders' Equity 20 Current liabilities: $ 25,800 21 Accounts payable 22 Stockholders' equity $ 175,000 23 Common stock 449.900 24 Retained earnings 624.900 25 Total stockholders' equity $650.700 26 Total liabilities and stockholders' equity 27 Beginning Balance Sheet Budgeting Assumed Source: Microsoft