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Questo 26000 20.000 11.000 1.000 TOO 32.500 DOO Notebook Company's budget comme provides the following information Data Table Click the icon to view the formation) Read the Dec 31, 2015, count om Total payment for and ApS 11.00 S 13.465 Cash Requirement 4. Prepare the cash budget for Januwy and February 2016. Assume no francing took place house Merchandise Notebook Company Accounts Payable Cash Budget Salaries and Commissions Paste For the Two Month Ended Janwyl and February 29 Budgeted amounts for 2016 January Bebe Beginning tash balance Requirements Frases Cash receipts from customers Cash va Cash payants 1. Prepare the schedule of cance from customers for January February 2016 Asume cash recepte 0% in the month of the word Pitcases of merchandisewentory necon 20% in the month following the Seling and we expenses 2. Prepare the schedule of cash payment for purchases for sy and February 2016. Assume purchases paid 70% in the month of purchase me Tax Exp Payments for womens and 30% in a month following the purchase Totalcashment 3. Prepare the schedule of the fing and writive expenses for January and February 2018. Asume 20% of the for Sales and Commission Payati for Band 75% is for salaries. The December 31 balance will be paid in January, Sand commissions are paid 60% in the month red and in the following Enter any number in the ed elds and then mon Rent and income tax expense pad as curred insurance expense is an expiration of the prepaid amount All parts showing Prepare the budget for January and February 2016 Arsum fande 4,175 50.000 40.700 4150 10 2.600 100 330 1.100 2.00 100 300 2.00 2,000 Part Done Check An