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The Game Zone sells computer and other electronic games. The store has budgeted sales for January Year 2 as indicated in the following table. The
The Game Zone sells computer and other electronic games. The store has budgeted sales for January Year as indicated in the following table. The company expects a increase in sales for the month of February and a increase for March.
Required:
a Complete the sales budget by filling in the missing amounts.
b What is the amount of sales revenue the company will report on its pro forma income statement for the first quarter?
Complete this question by entering your answers in the tabs below.
Required A
Required B
Complete the sales budget by filling in the missing amounts.
Sales
Cash sales
Sales on account
Total budgeted sales
January
February
March
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