Data Table - X * Data Table x $ 121,400 PUU UUR 61,100 60,700 Budgeted total sales, al on account Budgeted purchases of merchandise inventory, all on account Budgeted cost of goods sold Budgeted selling and administrative expenses: Commissions expense Salaries expense Rent expense Depreciation expense Insurance expense Budgeted cash receipts from customers Budgeted cash payments for merchandise inventory Budgeted cash payments for salaries and commissions Budad come taxe Cash Accounts Receivable Merchandise Inventory Prepaid Insurance Equipment and Fixtures Accumulated Depreciation Accounts Payable Salaries and Commissions Payable Common Stock DEUR $ 21,000 24,000 16,000 1,200 34.000 $ 6,070 4,500 4,500 700 200 16,000 17.000 6.100 25,000 32.100 126,340 67,675 14,634 Retained Earnings 53 Totals $ 96,200 $ 96 200 Print Done Print Klunk Company Budgeted Income Statement For the Quarter Ended March 31, 2019 Gross Profit Selling and Administrative Expenses: 27 Choose from any list or enter any number in the input fields and then continue to the next question. Total Selling and Administrative Expenses Operating Income (Loss) Net Income (Loss) Requirement 2. Prepare a budgeted balance sheet as of March 31, 2019. NIUIR Company Budgeted Balance Sheet March 31, 2019 Assets Current Assets: Total Current Assets Total Assets Liabilities Current Liabilities: 4 Total Liabilities Current Liabilities: Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity