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Required a. Prepare an inventory purchases budget for April, May, and June. b. Determine the amount of ending inventory Walton will report on the end-of-quarter
Required a. Prepare an inventory purchases budget for April, May, and June. b. Determine the amount of ending inventory Walton will report on the end-of-quarter pro forma balance sheet. c. Prepare a schedule of cash payments for inventory for April, May, and June. d. Determine the balance in accounts payable Walton will report on the end-of-quarter pro forma balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Prepare an inventory purchases budget for April, May, and June. Inventory Purchases Budget Budgeted cost of goods sold April 65,000 May 75,000 June $ 85,000 $ $ Inventory needed Required purchases (on account) Required B > Required a. Prepare an inventory purchases budget for April, May, and June. b. Determine the amount of ending Inventory Walton will report on the end-of-quarter pro forma balance sheet. c. Prepare a schedule of cash payments for inventory for April, May, and June. d. Determine the balance in accounts payable Walton will report on the end-of-quarter pro forma balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Determine the amount of ending Inventory Walton will report on the end of quarter pro forma balance sheet. Ending inventory Required a. Prepare an inventory purchases budget for April, May, and June. b. Determine the amount of ending inventory Walton will report on the end-of-quarter pro forma balance sheet. c. Prepare a schedule of cash payments for inventory for April, May, and June. d. Determine the balance in accounts payable Walton will report on the end-of-quarter pro forma balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the balance in accounts payable Walton will report on the end-of-quarter pro forma balance sheet. Accounts payable
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