pon Help Data Table 5 Vinning Office Supply's March 31, 2018, balance sheet follows Click the icon to view the balance sheet Requirement 1. Prepare Ving's sales budget for April and May 2018 Round all amounts to the nearest dotat Vinning Office Supply Sales Budget April and May, 2018 April May Vinning Office Supply Balance Sheet March 31, 2018 Asus Current Assets Cash Accounts Receivable Merchandise ventory Prenadinsurance Talent 30.000 18.000 29000 1.000 $ 78.000 Total budgeted sales Requirement 2. Prepare Vinning's inventory purchase and cost of goods sold budget for April and May Vinning Supply Company Inventory, Purchases, and cost of Goods Sold Budget 50.000 Pent Done Choose from any lost or enter any number in the input selds and then continue to the next question BAM INSPIRON R. WE on Help - X Data Table Vinning Office Supply's March 31, 2018, balance sheet follows. Click the icon to vw the balance sheet) Equipment and Fures Less: Accumulated Depreciation Total Assets 000 20.000 1100 Requirement 1. Prepare Vinning's sales budget for April and May 2010. Round all amounts to the nearest dolar Vinning Office Supply Sales Budget April and Mary, 2018 April May Current Accounts Payable $ 13000 2000 $ Total 15.00 Stockholders' Equity 21.000 Total budgeted Requirement 2. Prepare Vinning's inventory purchases, and cost of goods sold budget for April May Vinning Supply Company Inventory. Purchase and cost of Goods Sold Budget April and May, 2018 May Stand Toulou Choose from any stormberin the input and then continue to the next 10 AM DELL INSPIRON on Help Data Tata Vinning Office Supply's March 31, 2015, lance sheet follows Click the icon to ww the balance sheet) Equipment and Four Less Accumulated Depreciation Total Assets 60 000 20 DO 100 115.000 Requirement 2. Prepare Virg's inventory purchases, and cost of goods sold budget for April and May Vinning Supply Company Inventory, Purchases, and cost of Goods Sold Budget April and May, 2018 April May Current Liabile Accounts Payable Sales and Commissions Payable 5 13.000 S 15.400 Stockholders' Equity Common Stock, no por Roland Total SE Plus Total merchandise inventory required Le udgeted Purchase Requirements. Preparing's sing and diverse budget for Art and May 23000 19 111.000 DOM Choose from any to enter any in the notes and then continue to the next que A. DOLL INSPIRON F G H S D Click the icon to view the balance sheet.) Requirement 2. Prepare Vinning's inventory, purchases, and cost of goods sold budget for April and May. Vinning Supply Company Inventory, Purchases, and Cost of Goods Sold Budget April and May, 2018 April May Beginning merchandise inventory Cost of goods sold Desired ending merchandise inventory Sales Requirement 3. Prepare Vinning's selling and administrative expense budget for April and May Choose from any list or enter any number in the input fields and then continue to the next question INSPIRON 0 W E E R on Help Data Table Vinning Office Supply's March 31, 2018, balance sheet follows (Click the icon to view the balance sheet) 50 000 120.000 000 Equipment and Futures Less Accumulated Depreciation Total Assets $ 118.000 Selling and Administrative Expense Budget April and May, 2018 April May Variable expenses: 13.000 2.400 $ 15 Fixed expenses Current Les Accounts Payable Salaries and Commissions Payable Total Stockholders' Equity Come on Stock no Retained Earning Tor Stockholm Euty Total band Stockholders' Euty 33.000 79.500 030 111000 - Total food expenses Total selling and administrative expenses Done Choose from any stor enter any number in the input beds and then connue tome next question 6/11/20 9 INSPIRON (Click the icon to view the data.) More info a. Sales in April are expected to be $120,000. Vinning forecasts that monthly sales will increase 2% over April sales in May, June's sales will increase by 4% over April sales. July sales will increase 20% over April sales. b. Vinning maintains inventory of $14,000 plus 25% of the cost of goods sold budgeted for the following month. Cost of goods sold equal 50% of sales revenue. C. Monthly salaries amount to $5,000. Sales commissions equal 5% of sales for that month. d. Other monthly expenses are as follows: Rent: $3,400 Depreciation: $500 Insurance $300 Income tax: $1,700 Print Done ne input fields and then continue to the next question - Data Table has as Vinning Office Supply Balance Sheet March 31, 2018 a. Assets Current Assets b. $ 30,000 18.000 C. d. 29.000 1,000 Cash Accounts Receivable Merchandise Inventory Prepaid Insurance Total Current Assets Property. Plant and Equipment. Equipment and Fixtures Less: Accumulated Depreciation S 78,000 60.000 (20.000) 40.000 Tields and Print Done II! -X Data Table has assembled the following data Equipment and Fixtures Less: Accumulated Depreciation 60,000 (20,000) 40.000 spense 18 $ 118,000 b. 13 000 2.400 d $ 15,400 Total Assets Liabilities Current Liabilities Accounts Payable $ Salaries and Commissions Payable Total Liabilities Stockholders' Equity Common Stock no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 23.000 79.600 102 600 S 118,000 ne input fields and Print Done 1 Backspace 5 R 0 F H K L 4 Enter Shift