please solve using excel format, and give througho explanation

M Mar 25 Apr-25 May 25 lari-5| Jul 25 Aue-25 Sep 25 OS Now Der Jan-26 Feb-20 Mar 26 BUDGETED BALANCE SHEET Current Assets Long-Term Liabilities N/P on Term Portion (if needed TOTALLT LAMES TOTAL LIABILITIES Stockholder's Equity Common Stock Retained Fatnins TOTAL SE TOTAL WARRITIES & SE IDO Total Total Ass ORIG. MONTHLY DEPRECIATION AMT. From Dep. Sch.. New Asset Monthly Depreciation Ano TOTAL MONTHLY DEPRECIATION EXPENSE M N O P Q Jul-25 R 5 Aug 25 U Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar 26 DOES THIS UNE TOTAL ASSETS UNE Total Lia & SE must Total Assets WORK WITH GROUP TO COMPLETE A GROUP BUDGET YOUR COMPANY HAME has applied for a loan. Its bank has requested a 12-month budget and Pro Forma Financials from April 30, 2025 through March 31, 2026. YOUR COMPANY'S Balance Sheet for the Month Ended March 31, 2025 is: BUDGETED BALANCE SHEET Current Assets: Mar-25 Cash 30,000 Accounts Receivable 12,000 Merchandise Inventory 6,000 48,000 TOTAL CURRENT ASSETS Property, Plant, & Equipment Equipment & Fixtures 48,000 Acc. Dep. - Equipment & Fixtures (8,000) TOTAL P,P,E 40,000 TOTAL ASSETS 88,000 BUDGETED BALANCE SHEET Current liabilities Mar-25 Accounts Payable 8,300 Salaries Payable (if needed) Line of Credit Notes Payable, Current Portion (if needed) TOTAL CURRENT LIABILITIES Long-Term Liabilities 8,300 N/P- Long-Term Portion (if needed) TOTALL/T LIABILITIES TOTAL LIABILITIES Stockholder's Equity 8,300 Common Stock 20,000 Retained Earnings 59.700 TOTAL SE 79,700 TOTAL LIABILITIES & SE 88,000 H M N o Jul-25 Aug-25 Sep 25 Octs Now Decas jan M fes-25 Mar 26 1 NUDGETED KALNIKE SHEET 2 Current Assets 19 Long Term Liabilities Nr Lone Term Portion of needed) 21 TOTALLT LABILITIES 22 TOTAL LIABILITIES 23 Stockholders 24 Commonwock 25 Retained Earnings 26 TOTAL SE 27 LOTAL LIABILITESSE DOES THIS LINE-TOTAL ASSETS LINE Total La SER - Total Asses 11 ORICI, MONTHLY DEPRECATION AMT From Dep New Asset Month Depreciation Am TOTAL MONTHLY DEPRECIATION EXPENSE YOUR COMPANY HAME has applied for a loan. Its bank has requested a 12 month bodget and Pro Forma Financials from April 30, 2025 through March 31, 2026. YOUR COMPANY'S Balance Sheet for the Month Ended March 31, 2025 is: BUDGETED BALANCE SHEET Current Assets: Mar 25 Cash 30,000 Accounts Receivable 12,000 Merchandise Inventory 5,000 48,000 TOTAL CURRENT ASSETS Property, plant, & Equipment Equipment & Fixtures 48,000 Acc. Dep. Equipment & Futures (8.000) TOTAL P.P.E 40,000 TOTAL ASSETS 88.000 BUXHETED BALANCE SHEET Current Liabilities Mar 25 Accounts Payable 8,300 Salaries Payable (if needed Line of Credit Notes Payable, Current Portion of needed) 8,300 TOTAL CURRENT LALITIES Long Term Liabilities N/P-Long-Term Portion of needed TOTALTUABILITIES 8.300 TOTAL LIABILITIES Stockholder's Equity Common Stock 20.000 Retained Earnings 59,700 TOTAL SE 29,700 TOTAL LIABILITIES & SE 88,000 M Mar 25 Apr-25 May 25 lari-5| Jul 25 Aue-25 Sep 25 OS Now Der Jan-26 Feb-20 Mar 26 BUDGETED BALANCE SHEET Current Assets Long-Term Liabilities N/P on Term Portion (if needed TOTALLT LAMES TOTAL LIABILITIES Stockholder's Equity Common Stock Retained Fatnins TOTAL SE TOTAL WARRITIES & SE IDO Total Total Ass ORIG. MONTHLY DEPRECIATION AMT. From Dep. Sch.. New Asset Monthly Depreciation Ano TOTAL MONTHLY DEPRECIATION EXPENSE M N O P Q Jul-25 R 5 Aug 25 U Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar 26 DOES THIS UNE TOTAL ASSETS UNE Total Lia & SE must Total Assets WORK WITH GROUP TO COMPLETE A GROUP BUDGET YOUR COMPANY HAME has applied for a loan. Its bank has requested a 12-month budget and Pro Forma Financials from April 30, 2025 through March 31, 2026. YOUR COMPANY'S Balance Sheet for the Month Ended March 31, 2025 is: BUDGETED BALANCE SHEET Current Assets: Mar-25 Cash 30,000 Accounts Receivable 12,000 Merchandise Inventory 6,000 48,000 TOTAL CURRENT ASSETS Property, Plant, & Equipment Equipment & Fixtures 48,000 Acc. Dep. - Equipment & Fixtures (8,000) TOTAL P,P,E 40,000 TOTAL ASSETS 88,000 BUDGETED BALANCE SHEET Current liabilities Mar-25 Accounts Payable 8,300 Salaries Payable (if needed) Line of Credit Notes Payable, Current Portion (if needed) TOTAL CURRENT LIABILITIES Long-Term Liabilities 8,300 N/P- Long-Term Portion (if needed) TOTALL/T LIABILITIES TOTAL LIABILITIES Stockholder's Equity 8,300 Common Stock 20,000 Retained Earnings 59.700 TOTAL SE 79,700 TOTAL LIABILITIES & SE 88,000 H M N o Jul-25 Aug-25 Sep 25 Octs Now Decas jan M fes-25 Mar 26 1 NUDGETED KALNIKE SHEET 2 Current Assets 19 Long Term Liabilities Nr Lone Term Portion of needed) 21 TOTALLT LABILITIES 22 TOTAL LIABILITIES 23 Stockholders 24 Commonwock 25 Retained Earnings 26 TOTAL SE 27 LOTAL LIABILITESSE DOES THIS LINE-TOTAL ASSETS LINE Total La SER - Total Asses 11 ORICI, MONTHLY DEPRECATION AMT From Dep New Asset Month Depreciation Am TOTAL MONTHLY DEPRECIATION EXPENSE YOUR COMPANY HAME has applied for a loan. Its bank has requested a 12 month bodget and Pro Forma Financials from April 30, 2025 through March 31, 2026. YOUR COMPANY'S Balance Sheet for the Month Ended March 31, 2025 is: BUDGETED BALANCE SHEET Current Assets: Mar 25 Cash 30,000 Accounts Receivable 12,000 Merchandise Inventory 5,000 48,000 TOTAL CURRENT ASSETS Property, plant, & Equipment Equipment & Fixtures 48,000 Acc. Dep. Equipment & Futures (8.000) TOTAL P.P.E 40,000 TOTAL ASSETS 88.000 BUXHETED BALANCE SHEET Current Liabilities Mar 25 Accounts Payable 8,300 Salaries Payable (if needed Line of Credit Notes Payable, Current Portion of needed) 8,300 TOTAL CURRENT LALITIES Long Term Liabilities N/P-Long-Term Portion of needed TOTALTUABILITIES 8.300 TOTAL LIABILITIES Stockholder's Equity Common Stock 20.000 Retained Earnings 59,700 TOTAL SE 29,700 TOTAL LIABILITIES & SE 88,000