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What formulas go into the yellow boxes to bring information from ths first excel sheet to the second? Excel Simulation Chapter 20 For your Chapter

What formulas go into the yellow boxes to bring information from ths first excel sheet to the second?
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Excel Simulation Chapter 20 For your Chapter 20 Excel Simulation, you have two excel sheets, Budget Data & Schedules & Cash Budget. You will be required to use data in the Budget Data sheet when developing formulas to create information in the Schedules & Cash Budget In order to use data in one sheet and transfer the result into another sheet, your formula will need to be modified to include the sheet reference. Let's assume you want to use the information in the Budget Data sheet (take 36*812 in the Budget Data sheet and include the result in B4 in the Schedules & Cash Budget sheet) the formula to do that in cell B4 in the Schedules & Cash Budget sheet is: Budget Data'lB6*Budget Data/1812. If you don't use the sheet reference, your answer will be marked wrong. Cash Budget with Supporting Cash Collections and Disbursements Schedules 1. Prepare a sales budget, including a schedule of expected cash collections 2. Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials 3. Prepare a cash budget. dint 3-E exam assic ? Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME Sign in Calibri 11 -A - Paste % Alignment Number Conditional Format as Cell Formatting Table Styles BIU. Cells Editing dinLearning.c 3 - Excel certif exam grants ya assignment ar gh the testing Clipboard Font fa S&P Enterprises needs a cash budget for March. The following information is E 's skills has exp nange at a rapid g Excel. As you y's sales and co osts and how thi D 1 S & P Enterprises needs a cash budget for March. The following infomation is available. 2 3 Data January February March 4 Actual January and February and expected March sales: 5 Cash sales $ 1.600 $ 3.750 $ 5.100 6 Sales on account 25,000 30,000 40.000 7 Total Sales $ 26,600 $ 33.750 $45.100 8 9 Accounts Receivable Collections: 10 Month of sale 15% 11 Month following sale 609 12 Second month following sale 22% 13 Uncollectible 3% 14 15 Accounts payable for inventory purchases, March 1 balance $10.500 16 Budgeted inventory purchases in March $23.500 17 Inventory payments: 18 Month of purchase 609 Month following purchase 4096 ge 0 IS submission of y kboard to receive before 11 PM CS course. This option E B D 1 S & P Enterprises needs a cash budget for March. The following information is available. 2 3 Data January February March 4 Actual January and February and expected March sales: 5 Cash sales $ 1.600 $ 3,750 $ 5,100 6 Sales on account 25,000 30,000 40,000 7 Total Sales $ 26,600 $ 33,750 $ 45,100 8 9 Accounts Receivable Collections: Month of sale 15% 11 Month following sale 60% Second month following sale 22% Uncollectible 3% 10 $10,500 $23.500 18 60% 40% 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in March 17 Inventory payments: Month of purchase 19 Month following purchase 20 21 Total budgeted selling & administrative expenses in March 22 Budgeted selling & administrative depreciation in March 23 24 Other budgeted cash disbursements in March Budget Data Schedules and Cash Budget READY Attempt(s) $12,500 $3,200 LI 100% Hint Show Me ims Saved Help Save & Exit ? Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE HOME Sign In X Calibri - 11 M Paste BIU. . % Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Editing Clipboard Font D8 . > B C D E + A 1 Expected cash collections: 2 March cash collections 3 March collections on account: 4 January sales 5 February sales 6 March sales 7 Total cash collections 8 9 Payments to suppliers: 10 Accounts payable for inventory purchases, beginning balance 11 March purchases 12 Total cash payments 13 S&P Enterprises 15 Cash Budget 16 For the Month of March 17 18 Cash balance, March 1 19 Add cash receipts: 20 Collections from customers 14 I Sims Saved A1 X fe Expected cash collections: A B D E . 17 18 Cash balance, March 1 19 Add cash receipts: 20 Collections from customers 21 Total cash available 22 Less disbursements: 23 Payments to suppliers 24 Selling and administrative expenses 25 Equipment purchases 26 Dividends paid 27 Total disbursements 28 Preliminary cash balance 29 Financing: 30 Additional loan 31 Loan repayments 32 Interest 33 Total financing 34 Cash balance, March 31 35 36 37 38 Budget Data Schedules and Cash Budget + L + 100% READY Attempt(s) Hint Show Me

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