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Requirement 1. Prepare Omaha's sales budget for April and May 2018. Round all amounts to the nearest dolla i Data Table X Omaha Office Supply

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Requirement 1. Prepare Omaha's sales budget for April and May 2018. Round all amounts to the nearest dolla i Data Table X Omaha Office Supply Sales Budget April and May, 2018 Cash $ 24,000 April May Accounts Receivable 14,000 Total budgeted sales Merchandise Inventory 12,000 Prepaid Insurance 2,000 Requirement 2. Prepare Omaha's inventory, purchases, and cost of goods sold budget for April and May. Total Current Assets $ 52,000 Omaha Supply Company Property, Plant, and Equipment: Inventory, Purchases, and Cost of Goods Sold Budget Equipment and Fixtures 60,000 April and May, 2018 Less: Accumulated Depreciation (26,000) 34,000 April May $ 86,000 Total Assets Liabilities Plus: Total merchandise inventory required Current Liabilities: Accounts Payable 15,000 Less: Salaries and Commissions Payable 4,650 Budgeted Purchases Total Liabilities 19,650 Requirement 3. Prepare Omaha's selling and administrative expense budget for April and May. Stockholders' Equity Omaha Office Supply Common Stock, no par 13,000 53,350 Retained Earnings 66,350 ? Choose from any list or enter any number in the input fields and then continue to the next question. Total Stockholders' Equity S 86,000 Total Liabilities and Stockholders' Equity Print Done

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