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Posted on Jul 29, 2024

please help! 1. Prepare a sales budget, including a schedule of expected cash collections 2. Prepare a direct materials budget, including a schedule of expected

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1. Prepare a sales budget, including a schedule of expected cash collections 2. Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials. 3. Prepare a cash budget. 7 D X Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME Sign in Calibri - 11 - A % Paste Cells Editing Alignment Number Conditional Formatas Cell Formatting Table Styles Styles Clipboard Font C4 E - B D 1 S & P Enterprises needs a cash budget for March. The following information is available. 2 3 Data January February March 4 Actual January and February and expected March sales: 5 Cash sales $ 1,600 S 3.750 $ 5.100 6 Sales on account 25.000 30,000 40,000 7 Total Sales $ 26,600 S 33.750 $ 45,100 8 9 Accounts Receivable Collections: 10 Month of sale 15% 11 Month following sale 12 Second month following sale 22% 13 Uncollectible 3% 60% 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in March S10.500 $23.500 Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font 2 1 C4 A D E I S&P Enterprises needs a cash budget for March. The following information is available. 30 points 2 3 Data January February March $ 1.600 $ 3.750S 5.100 25.000 30.000 40,000 $ 26,600 $33.750 $ 45,100 eBook All 15% 60% 22% 3% Print 4 |Actual January and February and expected March sales: 5 Cash sales 6 Sales on account 7 Total Sales X 9 Accounts Receivable Collections: 10 Month of sale 11 Month following sale 12 Second month following sale 13 Uncollectible 14 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in March 17 Inventory payments 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 94 Other hudeeted cash dichorsements in March Budget Data Schedules and Cash Budget References $10.500 $23.500 60% 40% $12.500 $3,200 + 100% READY Attempt(s) Paste BTU Cells Editing Alignment Number Conditional Format C Formatting Table Styles Clipboard Font * 1 AL Expected cash collections B D E 30 points 6 ook AS Print 1 Expected cash collections: 2 March cash collections 3 March collections on account: 4 January sales 5 February sales March sales 7 Total cash collections 8 9 Payments to suppliers: 10 Accounts payable for inventory purchases, beginning balance 11 March purchases 12 Total cash payments 13 14 S&P Enterprises 15 Cash Budget 16 For the Month of March 12 i Cash balance, March 1 19 Add cash receipts 20 Collections from customers 21 Total cash available 22 Less disbursements: 23 Payments to suppliers Selling and administrative expenses Budget Data Schedules and Cash Budget Feries BU Celli Alignment Number Conditional Format a Cell Formatting Table Styles toring Coboard Font 1 AI Expected cash collection B C D E 30 800k ASK A 14 S&P Enterprises 15 Cash Budget 16 For the Month of March 17 18 Cush balance, March 1 19 Add cash receipt 20 Collections from customers 21 Total cash available 22 Les disbursements 23 Payments to suppliers 24 Selling and administrative expenses 25 Equipment purchases 26 Dividends paid 27 Total distrusements a Preliminary cash balance 29 Financing Additional loan 31 Loan repayments 12 Interest 33 Total financing 44 Ch balance, March 31 35 36 37 Budget Data Schedules and Cash Budget References BEAGLE 1. Prepare a sales budget, including a schedule of expected cash collections 2. Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials. 3. Prepare a cash budget. 7 D X Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME Sign in Calibri - 11 - A % Paste Cells Editing Alignment Number Conditional Formatas Cell Formatting Table Styles Styles Clipboard Font C4 E - B D 1 S & P Enterprises needs a cash budget for March. The following information is available. 2 3 Data January February March 4 Actual January and February and expected March sales: 5 Cash sales $ 1,600 S 3.750 $ 5.100 6 Sales on account 25.000 30,000 40,000 7 Total Sales $ 26,600 S 33.750 $ 45,100 8 9 Accounts Receivable Collections: 10 Month of sale 15% 11 Month following sale 12 Second month following sale 22% 13 Uncollectible 3% 60% 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in March S10.500 $23.500 Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font 2 1 C4 A D E I S&P Enterprises needs a cash budget for March. The following information is available. 30 points 2 3 Data January February March $ 1.600 $ 3.750S 5.100 25.000 30.000 40,000 $ 26,600 $33.750 $ 45,100 eBook All 15% 60% 22% 3% Print 4 |Actual January and February and expected March sales: 5 Cash sales 6 Sales on account 7 Total Sales X 9 Accounts Receivable Collections: 10 Month of sale 11 Month following sale 12 Second month following sale 13 Uncollectible 14 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in March 17 Inventory payments 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 94 Other hudeeted cash dichorsements in March Budget Data Schedules and Cash Budget References $10.500 $23.500 60% 40% $12.500 $3,200 + 100% READY Attempt(s) Paste BTU Cells Editing Alignment Number Conditional Format C Formatting Table Styles Clipboard Font * 1 AL Expected cash collections B D E 30 points 6 ook AS Print 1 Expected cash collections: 2 March cash collections 3 March collections on account: 4 January sales 5 February sales March sales 7 Total cash collections 8 9 Payments to suppliers: 10 Accounts payable for inventory purchases, beginning balance 11 March purchases 12 Total cash payments 13 14 S&P Enterprises 15 Cash Budget 16 For the Month of March 12 i Cash balance, March 1 19 Add cash receipts 20 Collections from customers 21 Total cash available 22 Less disbursements: 23 Payments to suppliers Selling and administrative expenses Budget Data Schedules and Cash Budget Feries BU Celli Alignment Number Conditional Format a Cell Formatting Table Styles toring Coboard Font 1 AI Expected cash collection B C D E 30 800k ASK A 14 S&P Enterprises 15 Cash Budget 16 For the Month of March 17 18 Cush balance, March 1 19 Add cash receipt 20 Collections from customers 21 Total cash available 22 Les disbursements 23 Payments to suppliers 24 Selling and administrative expenses 25 Equipment purchases 26 Dividends paid 27 Total distrusements a Preliminary cash balance 29 Financing Additional loan 31 Loan repayments 12 Interest 33 Total financing 44 Ch balance, March 31 35 36 37 Budget Data Schedules and Cash Budget References BEAGLE