Key Printing Supply of Baltimore has applied for a loan. Its bankas requested a budgeted income statement for April 2024 and budgeted balance sheet of April 30, 2024. The March 31, 2004, balance sheet follow Click the icon to view the balance sheet) As Key Printing Supply's controller, you have assembled the following additional information Click the icon to view the information Data Table $ 50.400 12,000 11.000 Requirement 1. Prepare the sales budget for Apri Key Printing Supply Sales Budget For the Month Ended April 30, 2014 Total budgeted sales Requirement 2. Prepare the inventory, purchases, and cost of goods sold budget for April Key Printing Supply Inventory Purchases, and cost of Goods Sold Budget For the Month Ended April 30, 2024 Cash Accounts Receivable Merchandise Inventory Total Current Assets Property Plant, and Equipment Equipment and Fixtures Les Accumbed Depreciation 5 75.000 31.200 (12.2009 69.000 144,000 Pun Total merchandise woord 4.300 Les Liabilities Current Labels Accounts Payable Stockholders'Equity Common Stock no par Rados Total Stockhodes Egally Total and Store Favy But Purchas Requirements. Prepare the sing and administrative expense budget for April 42.000 93.700 13.700 3 144,000 Choose from any it or other any number in the input fields and then continue to the notion *** ng supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for Apri 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance shoot follows: m Click the icon to view the balance sheet) As Key Printing Supply's controller, you have embled the flowing addicional (Click the loon to view the information) More Info Requirement 3. Prepare the selling and administrative expense budget for April Key Printing Supply Selling and Administrative Expense Budget For the Month Ended April 30, 2024 Variable expenses Fixed expenses Apell dividends of $4.500 were declared and paid 1. April capital expenditures of $16.500 budget for cash purchase of 6. April depreciation expense 3.700 d. Cost of goods sold 45% of sales . Desired ending wentory for April 28,300 Aprilling and administrative expenses include sales of $30.000, 90% of which will be paid in cash and the remainder poids month Additional April selling and administrative expenses include sceneous expenses 10% of sales, all paid in April h. April budgeted sales, $88.000, 70% colected in April and 30 May April cash payment of March 31 labies incurred for Marthphory, April purchases of inventory $18,600 for cash and $37.500 ontMarthe purchases wil be paid in April and half in May Total food expenses Total selling and administrative expenses Print Done Requirement 4. Prepare the budgeted cash receipts from customers for April Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Current month sales, 70% Choose from any list or enter any number in the input fields and then continue to the next question or a loan. Its bank has requested a budgeted income statement for April vuuyated balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: Click the icon to view the balance sheet.) Requirement 4. Prepare the budgeted cash receipts from customers for April As Key Printing (Click the loc Read the requires Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Current month sales, 70% Prior month sales, 30% Total cash receipts Requirement 5. Prepare the budgeted cash payments for selling and administrative expenses for April. Key Printing Supply Budgeted Cash Payments for Selling and Administrative Expenses For the Month Ended April 30, 2024 Variable expenses: Miscellaneous expenses Fixed expenses: 30% of current month's salaries expense Total payments for seling and administrative expenses Choose from any list or enter any number in the input fields and then continue to the next question Key Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April As Key Printing Sc 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon (Click the icon to view the balance sheet.) Read the requireme Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balanc- Review the budgeted cash receipts from customers you prepared above. Review the budgeted cash payments for selling and administrative expenses you prepared above, Key Printing Supply Cash Budget For the Month Ended April 30, 2024 Cash available Cash payments: Total cash payments Ending cash balance when - Am Choose from any list or enter any number in the input fields and then continue to the next question U rul a voan its bank has requested a budgeted income statement for April 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) As Key Printir (Click the LT TOIVO Read the regu Requirement 7. Prepare the budgeted income statement for April. Review the sales budget you prepared above. Review the selling and administrative expense budget you prepared above. Review the inventory, purchases, and cost of goods sold budget you prepared above. Key Printing Supply Budgeted Income Statement For the Month Ended April 30, 2024 Gross Profit Selling and Administrative Expenses: Total Selling and Administrative Expenses Net income (loss) Choose from any list or enter any number in the input fields and then continue to the next question (Click the icon to view the balance sheet.) Requirement 8. Prepare the budgeted balance sheet at April 30, 2024. Review the cash budget you prepared above. Key Printing Supply Budgeted Balance Sheet April 30, 2024 Assets Current Assets: Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Choose from any list or enter any number in the input fields and then continue to the next question. AB 13) ) Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Current Liabilities: Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question. Key Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April As Key Printing Sc 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon (Click the icon to view the balance sheet.) Read the requireme Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balanc- Review the budgeted cash receipts from customers you prepared above. Review the budgeted cash payments for selling and administrative expenses you prepared above, Key Printing Supply Cash Budget For the Month Ended April 30, 2024 Cash available Cash payments: Total cash payments Ending cash balance when - Am Choose from any list or enter any number in the input fields and then continue to the next question ney Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) As Key Printing Sup (Click the icon to Less: Read the requiremen Budgeted Purchases Requirement 3. Prepare the selling and administrative expense budget for April Key Printing Supply Selling and Administrative Expense Budget For the Month Ended April 30, 2024 Variable expenses: Fixed expenses: Total fixed expenses Total selling and administrative expenses Requirement 4. Prepare the budgeted cash receipts from customers for April. Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 4. Prepare the budgeted cash receipts from customers for April. Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Current month sales, 70% Prior month sales, 30% Total cash receipts Requirement 5. Prepare the budgeted cash payments for selling and administrative expenses for April. Key Printing Supply Budgeted Cash Payments for Selling and Administrative Expenses For the Month Ended April 30, 2024 Variable expenses: Miscellaneous expenses Fixed expenses: 30% of current month's salaries expense Total payments for selling and administrative expenses Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cas Choose from any list or enter any number in the input fields and then continue to the next question. Key Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) As Key Printing Supp (Click the icon to Read the requirements Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balance. Review the budgeted cash receipts from customers you prepared above. Review the budgeted cash payments for selling and administrative expenses you prepared above. Key Printing Supply Cash Budget For the Month Ended April 30, 2024 Cash available Cash payments: Total cash payments Ending cash balance Requirement 7. Prepare the budgeted income statement for April Review the sales budget you prepared above. Choose from any list or enter any number in the input fields and then continue to the next question. has requested a budgeted income statement for 2024 and budgeted balance sheet at April 30, 2024, The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) Requirement 7. Prepare the budgeted income statement for April Review the sales budget you prepared above. Review the selling and administrative expense budget you prepared above. Review the inventory, purchases, and cost of goods sold budget you prepared above. Key Printing Supply Budgeted Income Statement For the Month Ended April 30, 2024 Gross Profit Selling and Administrative Expenses: Total Selling and Administrative Expenses Net income (loss) Requirement 8. Prepare the budgeted balance sheet at April 30, 2024. Review the cash budget you prepared above. Choose from any list or enter any number in the input fields and then continue to the next question. ule walance sheet.) Requirement 8. Prepare the budgeted balance sheet at April 30, 2024. Review the cash budget you prepared above. Key Printing Supply Budgeted Balance Sheet April 30, 2024 Assets Current Assets: Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Current Liabilities: Choose from any list or enter any number in the input fields and then continue to the next question has requested a budgeted income statement fc sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Current Liabilities: Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question. Data Table X atement for April As Key Printing Supply's controller, you have (Click the icon to view the information.) Assets Read the requirements Current Assets: 50,400 Requirements 12,800 11.800 $ 75,000 81,200 (12,200) 69,000 Cash Accounts Receivable Merchandise Inventory Total Current Assets Property, Plant, and Equipment: Equipment and Fixtures Less: Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par $ Retained Earnings Total Stockholders' Equity 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 144,000 $ 8,300 Print Done 42,000 93,700 135,700 Total Liabilities and Stockholders' Equity 144,000 Print Dono stion Key Printing Supply of Baltimore has applied for a loan. Its bankas requested a budgeted income statement for April 2024 and budgeted balance sheet of April 30, 2024. The March 31, 2004, balance sheet follow Click the icon to view the balance sheet) As Key Printing Supply's controller, you have assembled the following additional information Click the icon to view the information Data Table $ 50.400 12,000 11.000 Requirement 1. Prepare the sales budget for Apri Key Printing Supply Sales Budget For the Month Ended April 30, 2014 Total budgeted sales Requirement 2. Prepare the inventory, purchases, and cost of goods sold budget for April Key Printing Supply Inventory Purchases, and cost of Goods Sold Budget For the Month Ended April 30, 2024 Cash Accounts Receivable Merchandise Inventory Total Current Assets Property Plant, and Equipment Equipment and Fixtures Les Accumbed Depreciation 5 75.000 31.200 (12.2009 69.000 144,000 Pun Total merchandise woord 4.300 Les Liabilities Current Labels Accounts Payable Stockholders'Equity Common Stock no par Rados Total Stockhodes Egally Total and Store Favy But Purchas Requirements. Prepare the sing and administrative expense budget for April 42.000 93.700 13.700 3 144,000 Choose from any it or other any number in the input fields and then continue to the notion *** ng supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for Apri 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance shoot follows: m Click the icon to view the balance sheet) As Key Printing Supply's controller, you have embled the flowing addicional (Click the loon to view the information) More Info Requirement 3. Prepare the selling and administrative expense budget for April Key Printing Supply Selling and Administrative Expense Budget For the Month Ended April 30, 2024 Variable expenses Fixed expenses Apell dividends of $4.500 were declared and paid 1. April capital expenditures of $16.500 budget for cash purchase of 6. April depreciation expense 3.700 d. Cost of goods sold 45% of sales . Desired ending wentory for April 28,300 Aprilling and administrative expenses include sales of $30.000, 90% of which will be paid in cash and the remainder poids month Additional April selling and administrative expenses include sceneous expenses 10% of sales, all paid in April h. April budgeted sales, $88.000, 70% colected in April and 30 May April cash payment of March 31 labies incurred for Marthphory, April purchases of inventory $18,600 for cash and $37.500 ontMarthe purchases wil be paid in April and half in May Total food expenses Total selling and administrative expenses Print Done Requirement 4. Prepare the budgeted cash receipts from customers for April Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Current month sales, 70% Choose from any list or enter any number in the input fields and then continue to the next question or a loan. Its bank has requested a budgeted income statement for April vuuyated balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: Click the icon to view the balance sheet.) Requirement 4. Prepare the budgeted cash receipts from customers for April As Key Printing (Click the loc Read the requires Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Current month sales, 70% Prior month sales, 30% Total cash receipts Requirement 5. Prepare the budgeted cash payments for selling and administrative expenses for April. Key Printing Supply Budgeted Cash Payments for Selling and Administrative Expenses For the Month Ended April 30, 2024 Variable expenses: Miscellaneous expenses Fixed expenses: 30% of current month's salaries expense Total payments for seling and administrative expenses Choose from any list or enter any number in the input fields and then continue to the next question Key Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April As Key Printing Sc 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon (Click the icon to view the balance sheet.) Read the requireme Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balanc- Review the budgeted cash receipts from customers you prepared above. Review the budgeted cash payments for selling and administrative expenses you prepared above, Key Printing Supply Cash Budget For the Month Ended April 30, 2024 Cash available Cash payments: Total cash payments Ending cash balance when - Am Choose from any list or enter any number in the input fields and then continue to the next question U rul a voan its bank has requested a budgeted income statement for April 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) As Key Printir (Click the LT TOIVO Read the regu Requirement 7. Prepare the budgeted income statement for April. Review the sales budget you prepared above. Review the selling and administrative expense budget you prepared above. Review the inventory, purchases, and cost of goods sold budget you prepared above. Key Printing Supply Budgeted Income Statement For the Month Ended April 30, 2024 Gross Profit Selling and Administrative Expenses: Total Selling and Administrative Expenses Net income (loss) Choose from any list or enter any number in the input fields and then continue to the next question (Click the icon to view the balance sheet.) Requirement 8. Prepare the budgeted balance sheet at April 30, 2024. Review the cash budget you prepared above. Key Printing Supply Budgeted Balance Sheet April 30, 2024 Assets Current Assets: Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Choose from any list or enter any number in the input fields and then continue to the next question. AB 13) ) Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Current Liabilities: Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question. Key Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April As Key Printing Sc 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon (Click the icon to view the balance sheet.) Read the requireme Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balanc- Review the budgeted cash receipts from customers you prepared above. Review the budgeted cash payments for selling and administrative expenses you prepared above, Key Printing Supply Cash Budget For the Month Ended April 30, 2024 Cash available Cash payments: Total cash payments Ending cash balance when - Am Choose from any list or enter any number in the input fields and then continue to the next question ney Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) As Key Printing Sup (Click the icon to Less: Read the requiremen Budgeted Purchases Requirement 3. Prepare the selling and administrative expense budget for April Key Printing Supply Selling and Administrative Expense Budget For the Month Ended April 30, 2024 Variable expenses: Fixed expenses: Total fixed expenses Total selling and administrative expenses Requirement 4. Prepare the budgeted cash receipts from customers for April. Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 4. Prepare the budgeted cash receipts from customers for April. Key Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2024 Current month sales, 70% Prior month sales, 30% Total cash receipts Requirement 5. Prepare the budgeted cash payments for selling and administrative expenses for April. Key Printing Supply Budgeted Cash Payments for Selling and Administrative Expenses For the Month Ended April 30, 2024 Variable expenses: Miscellaneous expenses Fixed expenses: 30% of current month's salaries expense Total payments for selling and administrative expenses Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cas Choose from any list or enter any number in the input fields and then continue to the next question. Key Printing Supply of Baltimore has applied for a loan. Its bank has requested a budgeted income statement for April 2024 and budgeted balance sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) As Key Printing Supp (Click the icon to Read the requirements Requirement 6. Prepare the cash budget for April. Assume the company does not use short-term financing to maintain a minimum cash balance. Review the budgeted cash receipts from customers you prepared above. Review the budgeted cash payments for selling and administrative expenses you prepared above. Key Printing Supply Cash Budget For the Month Ended April 30, 2024 Cash available Cash payments: Total cash payments Ending cash balance Requirement 7. Prepare the budgeted income statement for April Review the sales budget you prepared above. Choose from any list or enter any number in the input fields and then continue to the next question. has requested a budgeted income statement for 2024 and budgeted balance sheet at April 30, 2024, The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) Requirement 7. Prepare the budgeted income statement for April Review the sales budget you prepared above. Review the selling and administrative expense budget you prepared above. Review the inventory, purchases, and cost of goods sold budget you prepared above. Key Printing Supply Budgeted Income Statement For the Month Ended April 30, 2024 Gross Profit Selling and Administrative Expenses: Total Selling and Administrative Expenses Net income (loss) Requirement 8. Prepare the budgeted balance sheet at April 30, 2024. Review the cash budget you prepared above. Choose from any list or enter any number in the input fields and then continue to the next question. ule walance sheet.) Requirement 8. Prepare the budgeted balance sheet at April 30, 2024. Review the cash budget you prepared above. Key Printing Supply Budgeted Balance Sheet April 30, 2024 Assets Current Assets: Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Current Liabilities: Choose from any list or enter any number in the input fields and then continue to the next question has requested a budgeted income statement fc sheet at April 30, 2024. The March 31, 2024, balance sheet follows: (Click the icon to view the balance sheet.) Total Current Assets Property, Plant, and Equipment: Total Assets Liabilities Current Liabilities: Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question. Data Table X atement for April As Key Printing Supply's controller, you have (Click the icon to view the information.) Assets Read the requirements Current Assets: 50,400 Requirements 12,800 11.800 $ 75,000 81,200 (12,200) 69,000 Cash Accounts Receivable Merchandise Inventory Total Current Assets Property, Plant, and Equipment: Equipment and Fixtures Less: Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par $ Retained Earnings Total Stockholders' Equity 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 144,000 $ 8,300 Print Done 42,000 93,700 135,700 Total Liabilities and Stockholders' Equity 144,000 Print Dono stion