The Game Zone sells computer and other electronic games. The store has budgeted sales for January...

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The Game Zone sells computer and other electronic games. The store has budgeted sales for January Year 2 as indicated in the following table. The company expects a 4% increase in sales for the month of February and a 3% increase for March. Required: a. Complete the sales budget by filling in the missing amounts. b. What is the amount of sales revenue the company will report on its pro forma income statement for the first quarter? Complete this question by entering your answers in the tabs below. Required A Required B Complete the sales budget by filling in the missing amounts. Sales January February March Cash sales $ 40,100 Sales on account $ 80,100 Total budgeted sales $ 120,200 < Required A Required B > The Game Zone sells computer and other electronic games. The store has budgeted sales for January Year 2 as indicated in the following table. The company expects a 4% increase in sales for the month of February and a 3% increase for March. Required: a. Complete the sales budget by filling in the missing amounts. b. What is the amount of sales revenue the company will report on its pro forma income statement for the first quarter? Complete this question by entering your answers in the tabs below. Required A Required B Complete the sales budget by filling in the missing amounts. Sales January February March Cash sales $ 40,100 Sales on account $ 80,100 Total budgeted sales $ 120,200 < Required A Required B >

Answer rating: 100% (QA)

Required A To complete the sales budget we need to calculate the sales for Februar... View the full answer