i Data Table Box Printing Supply Balance Sheet March 31, 2018 Assets Current Assets: Cash $ 50,300 12,400 12,500 Accounts Receivable Merchandise Inventory Total Current Assets Property, Plant, and Equipment: Equipment and Fixtures Less: Accumulated Depreciation $ 75,200 80,700 (12,200) 68,500 Print Done Data Table Equipment and Fixtures Less: Accumulated Depreciation 80,700 (12,200) 68,500 Total Assets $ 143,700 SEX 7,800 Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par $ Retained Earnings Total Stockholders' Equity 36,000 99,900 135,900 Total Liabilities and Stockholders' Equity $ 143,700 Print D Requirement 1. Prepare the sales budget for April. Box Printing Supply Sales Budget For the Month Ended April 30, 2018 Total budgeted sales Requirement 2. Prepare the inventory, purchases, and cost of goods sold budget for April. nadu Requirement 2. Prepare the inventory, purchases, and cost of goods sold budget for April. Box Printing Supply Inventory, Purchases, and Cost of Goods Sold Budget For the Month Ended April 30, 2018 Plus: Total merchandise inventory required Less: Budgeted Purchases Box Printing Supply Selling and Administrative Expense Budget For the Month Ended April 30, 2018 Variable expenses: Fixed expenses: Total fixed expenses Total selling and administrative expenses Requirement 4. Prepare the budgeted cash receipts from customers for April. Box Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2018 Current month sales, 75% Prior month sales, 25% Total cash receipts Requirement 5. Prepare the budgeted cash payments for selling and administrative expenses for April. Box Printing Supply Budgeted Cash Payments for Selling and Administrative Expenses For the Month Ended April 30, 2018 Variable expenses: Miscellaneous expenses Fixed expenses: 20% of current month's salaries expense Total payments for selling and administrative expenses IM i Data Table Box Printing Supply Balance Sheet March 31, 2018 Assets Current Assets: Cash $ 50,300 12,400 12,500 Accounts Receivable Merchandise Inventory Total Current Assets Property, Plant, and Equipment: Equipment and Fixtures Less: Accumulated Depreciation $ 75,200 80,700 (12,200) 68,500 Print Done Data Table Equipment and Fixtures Less: Accumulated Depreciation 80,700 (12,200) 68,500 Total Assets $ 143,700 SEX 7,800 Liabilities Current Liabilities: Accounts Payable Stockholders' Equity Common Stock, no par $ Retained Earnings Total Stockholders' Equity 36,000 99,900 135,900 Total Liabilities and Stockholders' Equity $ 143,700 Print D Requirement 1. Prepare the sales budget for April. Box Printing Supply Sales Budget For the Month Ended April 30, 2018 Total budgeted sales Requirement 2. Prepare the inventory, purchases, and cost of goods sold budget for April. nadu Requirement 2. Prepare the inventory, purchases, and cost of goods sold budget for April. Box Printing Supply Inventory, Purchases, and Cost of Goods Sold Budget For the Month Ended April 30, 2018 Plus: Total merchandise inventory required Less: Budgeted Purchases Box Printing Supply Selling and Administrative Expense Budget For the Month Ended April 30, 2018 Variable expenses: Fixed expenses: Total fixed expenses Total selling and administrative expenses Requirement 4. Prepare the budgeted cash receipts from customers for April. Box Printing Supply Budgeted Cash Receipts from Customers For the Month Ended April 30, 2018 Current month sales, 75% Prior month sales, 25% Total cash receipts Requirement 5. Prepare the budgeted cash payments for selling and administrative expenses for April. Box Printing Supply Budgeted Cash Payments for Selling and Administrative Expenses For the Month Ended April 30, 2018 Variable expenses: Miscellaneous expenses Fixed expenses: 20% of current month's salaries expense Total payments for selling and administrative expenses IM