PLEASE SUBMIT ANSWERS IN EXCEL FORMULA FORMAT
4.2d Chapter 20 Excel Simulation Saved 1 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. 50 points KH ? Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME Sign in Calibri AA 96 eBook 99 Paste BIU- A- Cells Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font ? Print C10 f A D E References January February March $ 1,600 $ 3,750 $ 5,100 25,000 30,000 40,000 $26.600 S 33.750 $45.100 15% 60% 22% 3% 3 Data 4 Actual January and February and expected March sales: 5 Cash sales 6 Sales on account 7 Total Sales 8 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 24 Other budgeted cash disbursements in March 25 Equipment purchases Dacidosdeta haasid Budget Data Schedules and Cash Budget READY Attempt(s) $10,500 $23,500 60% 40% $12,500 $3,200 $14,000 100 + 100% Hint Show Me 4.2d Chapter 20 Excel Simulation Saved 1 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. 50 points KUH ? - X Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME Sign In Calibri AA 96 eBook Paste B TU- Cells Clipboard Font Alignment Number Conditional Format as Cell Formatting Table Styles Styles Expected cash collections: Print A1 f o B D E References 1 $ 5,100 A specteu luan cul LIURES: 2 larch cash collections 3 larch collections on account: 4 January sales 5 February sales 6 March sales 7 tal cash collections 8 9 ayments to suppliers: 10 ccounts payable for inventory purchases, beginning balance 11 larch purchases 12 tal cash payments 13 14 S&P Enterprises 15 Cash Budget 16 For the Month of March 17 18 ash balance, March 1 19 dd cash receipts: 20 Collections from customers 21 tal cash available 22 ? disbursements: 23 Payments to suppliers 24 Selling and administrative expenses Budget Data Schedules and Cash Budget READY Attempt(s) + + 100% + Hint Show Me 4.2d Chapter 20 Excel Simulation i Saved 1 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. 50 points Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel ? 3 - FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri AA 96 eBook 99- Paste BTU- Cells Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font F Print A1 f Expected cash collections: o B C D E References 21 Total cash available 22 Less disbursements: 23 Payments to suppliers 24 Selling and administrative expenses 25 Equipment purchases 26 Dividends paid 27 Total disbursements 28 Preliminary cash balance 29 Financing: 30 Additional loan 31 Loan repayments 32 Interest 33 Total financing 34 Cash balance, March 31 35 36 37 38 39 40 41 42 43 44 Budget Data Schedules and Cash Budget + 100% READY Attempt(s) Hint Show Me
