ACCT 505 Week 5 Measuring Performan / acct505dotcom
For more course tutorials visit www.acct505.com Prepare a master budget for the three-month period ending June 30. Include the following detailed budgets: • 1. oa. A sales budget, by month and in total. ob. A schedule of expected cash collections from sales, by month and in total. oc. A merchandise purchases budget in units and in dollars. Show the budget by month and in total. od. A schedule of expected cash disbursements for merchandise purchases, by month and in total. • 2. A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $50,000. • 3. A budgeted income statement for the three-month period ending June 30. Use the contribution approach. • 4. A budgeted balance sheet as of June 30.
For more course tutorials visit
www.acct505.com
Prepare a master budget for the three-month period ending June 30. Include the following detailed budgets:
• 1.
oa. A sales budget, by month and in total.
ob. A schedule of expected cash collections from sales, by month and in total.
oc. A merchandise purchases budget in units and in dollars. Show the budget by month and in total.
od. A schedule of expected cash disbursements for merchandise purchases, by month and in total.
• 2. A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $50,000.
• 3. A budgeted income statement for the three-month period ending June 30. Use the contribution approach.
• 4. A budgeted balance sheet as of June 30.
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<strong>ACCT</strong> <strong>505</strong> <strong>Week</strong> 5 <strong>Measuring</strong> <strong>Performan</strong>ce -Course Project A (Devry)Click Here to Buy the Tutorialhttp://www.acct<strong>505</strong>.com/product-25-<strong>ACCT</strong>-<strong>505</strong>-<strong>Week</strong>-5-<strong>Measuring</strong>-<strong>Performan</strong>ce-Course-Project-A-For more course tutorials visitwww.acct<strong>505</strong>.acct<strong>505</strong>.comcomPrepare a master budget for the three-month period ending June 30.Include the following detailed budgets:· 1.oa. A sales budget, by month and in total.ob. A schedule of expected cash collections from sales, by month andin total.oc. A merchandise purchases budget in units and in dollars. Show thebudget by month and in total.od. A schedule of expected cash disbursements for merchandisepurchases, by month and in total.· 2. A cash budget. Show the budget by month and in total. Determineany borrowing that would be needed to maintain the minimum cashbalance of $50,000.· 3. A budgeted income statement for the three-month period endingJune 30. Use the contribution approach.· 4. A budgeted balance sheet as of June 30.
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