The following are some of the components included in the master budget of a merchandising company. a.

Question:

The following are some of the components included in the master budget of a merchandising company.
a. Budgeted
b. Sales budget
c. Capital expenditures budget
d. Budgeted income statement
e.
f. Inventory, purchases, and cost of goods sold budget
g. Budgeted statement of cash flows
h. Selling and administrative expense budget List the items of the master budget in order of preparation.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment. Its primary purpose is to provide the...