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The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2019. ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2019 Assets Cash $

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The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2019. ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2019 Assets Cash $ 42, 000 Accounts receivable 364, 000 Raw materials inventory 107 , 200 Finished goods inventory 349, 440 Total current assets 862, 640 Equipment 604, 000 Accumulated depreciation (152, 000) Equipment, net 452,000 Total assets $1, 314, 640 Liabilities and Equity Accounts payable $ 211, 300 Short-term notes payable 14,000 Total current liabilities 225, 300 Long-term note payable 510,000 Total liabilities 735, 300 Common stock 337, 000 Retained earnings 242, 340 Total stockholders equity 579,340 Total liabilities and equity $1, 314, 640 To prepare a master budget for April, May, and June of 2019, management gathers the following information.Required 1 Required 2 Required 3 Required 4 Required 5 |Required 6 Required 7 Required 8 Required 9 Required 10 Budgeted balance sheet. (Round your final answers to the nearest whole dollar.) ZIGBY MANUFACTURING Budgeted Balance Sheet June 30, 2019 Assets Total current assets $ 0 Equipment, net 0 Total assets Liabilities and Equity Liabilities Total current liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and EquityRequired 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Require Selling expense budget. ZIGBY MANUFACTURING Selling Expense Budget April, May, and June 2019 April May June Budgeted sales Sales commissions Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 General and administrative expense budget. ZIGBY MANUFACTURING General and Administrative Expense Budget April, May, and June 2019 April May June Total budgeted G&A expenses Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Budgeted income statement for the entire second quarter (not for each month separately). (Round your final answers to the nearest whole dollar.) ZIGBY MANUFACTURING Budgeted Income Statement For Three Months Ended June 30, 2019 Operating expenses Total operating expenses 0 0 $ 0

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