this is a two part question

Chan 2 w The gone Beecherchandising company that is ng button and the year. The best of the below 10 A ca NE . - two 43 dere to Here TH . 216.00 2 Beeth's managers had the finger andere Bedste for y, August festumbe wewe be $70,000. 130.000, 330000 5400000 2. Acest and credit weleed Cachorrere collected and in the month following the All of the accounts we will be collected in Enchong Perro com 30 recorries The cost of goods 25of wees, The company for our merchandise cases in the more purchase and the mining 60of the purchase of the counts payable 30 will be 4 Mano engendamente por www $50.000 mm 57000 de pense and throw 43.000 resto pensare ad them they are not 5 The company does not plan to borrow money ordered during receber o The company does not into comincere in own stocking the culer ended Sember 30 Required Paphedule afected cash collections for Augustand September - Prepare a merchandise pode budget for August and September. Also computer de forte uscared September 30 2. Prepare a scene fpected there for merchandise burchases for Aguiland September 3 Pepean come statement to computer netoputting income for the one ended September 3 4. Presence sheets of September 10 3 Parafa 30 Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company's balance sheet as of June 30th is shown below Beech Corporation hance the June 30 Aasta Cash 185,000 Accounts receivable 141,000 Inventory 83.250 Plant and equipment, net of depreciation 226.00 Tutal assets $5,250 Liabilities and Stockholders' Equity Accounts payable 87,000 Common stock 350,000 Retained marning 38.50 Total liabilities and stockholders' equity $ 535,250 Beech's managers have made the following additional assumptions and estimates 1. Estimated sales for July, August, September, and October will be $370,000, $390.000 $380,000, and $400,000, respectively 2. All sales are on credit and all credit sales are collected. Each month's credit sales are collected 45% in the month of sale and 55% in the month following the sale. All of the accounts receivable at June 30 will be collected in July 3. Each month's ending inventory must equal 20% of the cost of next month's sales. The cost of goods sold is 75% of sales. The company pays for 30% of its merchandise purchases in the month of the purchase and the remaining 70% in the month following the purchase. All of the accounts payable at June 30 will be paid in July 4 Monthly selling and administrative expenses are always $50,000. Each month $7,000 of this total amount is depreciation expense and the remaining $43,000 relates to expenses that are paid in the month they are incurred. 5 The company does not plan to borrow money or pay or declare dividends during the quarter ended September 30. The company does not plan to issue any common stock or repurchase its own stock during the quarter ended September 30, Rent