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I don't even know how to start this, and its supposed to serve as an excel assignment, and I've never used excel for accounting 1
I don't even know how to start this, and its supposed to serve as an excel assignment, and I've never used excel for accounting
1 a. Sales buget April May une Quarter Budgeted Sales in unit Selling price per unit Total Sales b. Schedule of Expected Cash Collections: April May une Quarter February Sales March Sales April Sales May Sales June Sales Total Cash Collections c. Merchandise purchases budget: April May une Quarter Budgeted sales in unit Add desired ending inventory in unit Total need Less beginning inventory in unit Required purchases in unit Cost of purchases d. Budgeted cash disbursements for merchandise purchases: April May une Quarter Accounts payable April purchases May purchases Total cash payments Earrings Unlimited Cash Budget For the Three Months Ending June 30 April May June Quarter Beginning cash balance Add cash collections Total cash available Less cash disbursements: Merchandise purchases Rent SalariesStep by Step Solution
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