AO mos NEGET 1000S LOTY Meista' Medical Supply Company has aplied for a lart with Bank ol America and the bank has requested a budgeted balance sheet as of April 01h. As the controller you have assembled the following information Prepare a budgeted balance sheet for Melina Medical Supply Company. HINT USETACCOUNTS TO SET UP PROBLEM AND THEN INPUT THE RESULTS INTO THE BALANCE SHEET BELOWI) 1. April 1 inventory balance 58,500 2. April purchases of inventory, 55100, 50% of which is paid in cash, remaining halance in accounts payable on April 10 a. The beginning balance of accounts payable is Show all of which was paid in April 4. April 1 moment balance $1.500 and accumulated depreciation is $2,000 5. April depreciation expense, 5000 8. Cost of Goods sold 30% af sales 7. Other April operating expenses, including income tax, tatal $1,600,75% if which was paid in cash and the remainder accrued under accrued liabilities account) at April 30 8. April 1 owner's equity. $18.100 9. April 1 al balance, $5.900 10. April budgeted sales, $25,000.75% which is collected in cash this month, and the remaining amount is the accounts receivable balance. Ulr yuran peranaTarot e the Arts to the center COME STATEMENT Fort, 2000 COGS Greet Seli General Admin Net Income Mes Medical DALANCE SHEET As of April 2006 ASSES Gin Account Revale nary ment Acumulated Depreciation Total Asset Accounts Payable Acord Labs STOCKHOLDERS EDITY Equity Total Law