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Key Printing Supply of Baltimore has applied for a ban. to barn has requestes a Ae Keyring Super controle you to conclude flowing Store budgeted

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Key Printing Supply of Baltimore has applied for a ban. to barn has requestes a Ae Keyring Super controle you to conclude flowing Store budgeted come statement for ori2024 and budgeted balance sheet on omation 50.2004. The March 31, 2004. balance sheet flow Requirement 1. Prepare the sales budget for April Kay hining boy Sales Budget For the Moon April 30.2004 Total budgeted Requirement 2. Prewe te vertory Burches.com or old butter Art May y Inventory Purchases, and cost of Goods Sold Bet For the Month Ended 2014 P Total merchandise inventory Budget Purchase Requirement. Prepare the setting and administrative pense budget for for Key Pringly Maling und die Experte for the Month Ended April 10, 2004 Variable depen Totalling and Requirement 4. Prepare the budgeted cash receipts from customersfoort Hey Pro Budgeted Cash Reception Custom For the Month Ende 2024 Content mana. To Pier month Total threat Requirements. Proare the budgeted cash payments to seting and assess Mey Printing Supply Borted Cash Payment for Selling and Administrative For the Month Ended April 30, 2004 M Feeder 30% for more Total payment for sing and interes Requirement. Perete con tutter Apresente company does not som trenge Review the buttercromosyo pareho Review the budgeted cash payment for sing and export you do Cash Budget Choose from wat orany number in the intende Requirements. Prepare the budgeted cash regard to Kay Date Con Payment Siege 20 ore Roche Cashet Cash tang can he Requirement. Prepare the budgeted contenent for fort. reate Singers edrumstrainees rup Rememdemt oloaded budget you prepado Wych for the Ended Apr 30, 2004 Review the budget your | soup. Kay Printing Suly Asset Choose from any rere any number in the routes and the contestation Casa Total payments Ending mahala Requirement 7. Prepare the budgeted contentor Art Review the sales to get you read above Review the selling and experie bet you prove Review the invertory Duchas cost of goods so buget you pro Key Printing Supply Dudgeted Income Statement For the Monde 2004 GP Seling and Admin Expert el income ou) Requirements. Prepare the budgeted balance sheet Art 30.2004 Key Pringly Budgeted Sheet April 2014 Current Asset Tom A Property Plantando Total Assets Current To Stockholders' Equity To Schouly Tood Stoly Choose from any istoranterary number in the outs and the core to the question More Info a. April dividends of $4,500 were declared and paid. b. April capital expenditures of $16,500 budgeted for cash purchase of equipment c. April depreciation expense, $200. d. Cost of goods sold, 45% of sales. e. Desired ending inventory for April is $28,300. f. April selling and administrative expenses include salaries of $33,000, 30% of which will be paid in cash and the remainder paid next month. g. Additional April selling and administrative expenses also include miscellaneous expenses of 10% of sales, all paid in April. h. April budgeted sales, $88,000, 70% collected in April and 30% in May. i. April cash payments of March 31 liabilities incurred for March purchases of inventory, $8,300. j. April purchases of inventory, $18,600 for cash and $37,500 on account. Half the credit purchases will be paid in April and half in May. Print Done 1. Prepare the sales budget for April. 2. Prepare the inventory, purchases, and cost of goods sold budget for April. 3. Prepare the selling and administrative expense budget for April. 4. Prepare the schedule of cash receipts from customers for April. 5. Prepare the schedule of cash payments for selling and administrative expenses for April 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balance. 7. Prepare the budgeted income statement for April. 8. Prepare the budgeted balance sheet at April 30, 2024. Print Done

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