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Prepare a Cash Budget with Supporting Cash Collections and Disbursements Schedules a f. c. & cash Budget with Supporting Cash Collections and Disbursements Schedules-Excel ? - FILE HOME INSERT PAGE LAYOUTFORMULASDATA REVIEWVIEW Sign In 6Calibri H -Alignment Number Conditional Format as Cell Cells Editing Paste Clipboard E16 Formatting. Table" Styles Font 1 S& P Enterprises needs a cash budget for March. The following information is available 3 Data 4 Actual January and February and expected March sales 5 Cash sales 6 Sales on account 7 Total Sales Januar Februar March $ 1,600 3,7505,100 9 Accounts Receivable Collections: 0 Month of sale 11Month following sale 12 Second month following sa le 13 Uncollectible 15% 60% 22% 3% $10,500 $23,500 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in Marc 17 Inve Inventor 18 Month of purchase 19 Month following purchase 20 21 Total budgeted selling & administrative expenses in March 22 Budgeted selling & administrative depreciation in March 23 y payments 60% 40% $12,500 $3,200 ad rach dichirco Budget DataSchedules and Cash Budget + 100% Attempt(s)Step by Step Solution
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