Question: The following are some of the components included in the

The following are some of the components included in the master budget of a merchandising company.
a. Budgeted balance sheet
b. Sales budget
c. Capital expenditures budget
d. Budgeted income statement
e. Cash budget
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.



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  • CreatedJanuary 16, 2015
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