= Homework: Chapter 9 Question 11, E9-34A (si... Part 1 of 4 HW Score: 4.17%, 0.5 of 12 points O Points: 0 of 1 Save Use the following information to prepare a budgeted balance sheet for Opals.com at March 31. Show computations for the cash and owners' equity amounts. 3 (Click the icon to view the March operating information.) Begin by select the labels to complete the formula, and then compute the ending cash balance. Ending cash balance March operating information Cost of goods sold, depreciation, and other expenses Cost of goods sold and other expenses February 28 Depreciation and other expenses Payments for inventory and other expenses 28 owner a. March 31 inventory balance, $15,710 b. March payments for inventory, 55,400 c. March payments of accounts payable and accrued liabilities, $8,400 d. March 31 accounts payable balance, $3,700 e. February furniture and fixtures balance, $34,200; accumulated depreciation balance. $29,850 f. February owners' equity, $27,960 g. March depreciation expense, . Cost of goods sold, 60% of sales i. Other March expenses, including income tax, total $4,000; paid in cash j. February 28 cash balance, $12,800 k. March budgeted sales, $12,000 I. March 31 accounts receivable balance, one-fourth of March sales m. March cash receipts, $14,400 $800 Payments for inventory, liabilities, and other expenses Payments for liabilities and other expenses Print Done = Homework: Chapter 9 Question 11, E9-34A (si... Part 1 of 4 HW Score: 4.17%, 0.5 of 12 points O Points: 0 of 1 Save Use the following information to prepare a budgeted balance sheet for Opals.com at March 31. Show computations for the cash and owners' equity amounts. 3 (Click the icon to view the March operating information.) Begin by select the labels to complete the formula, and then compute the ending cash balance. Ending cash balance March operating information Beginning balance Cost of goods sold Receipts February 28 February Sales revenue a. March 31 inventory balance, $15,710 b. March payments for inventory, 55,400 c. March payments of accounts payable and accrued liabilities, $8,400 d. March 31 accounts payable balance, $3,700 e. February furniture and fixtures balance, $34,200; accumulated depreciation balance, $29.850 f. 28 owner owners' equity, $27,960 g. March depreciation expense, h. Cost of goods sold, 60% of sales i. Other March expenses, including income tax, total $4,000; paid in cash j. February 28 cash balance, $12,800 k. March budgeted sales, $12,000 I. March 31 accounts receivable balance, one-fourth of March sales m. March cash receipts, $14,400 $800 Print Done