Prepare a selling and administrative expenses budget for January.

Birding Homes & Feeders Inc.

Selling and Administrative Expenses Budget

For the Month Ending January $31$

Selling expenses:

Total selling expenses

Administrative expenses:

Total administrative expenses

Total operating expenses

$8.$ Prepare a budgeted income statement for January. In the Other revenue and expense section, indicate expenses as negative amounts.

Birding Homes & Feeders Inc.

Budgeted Income Statement

For the Month Ending January $31$

Operating expenses:

Total operating expenses

Operating income

Other revenue and expense:

Income before income tax

Net income