k 3-201720 ACT 514- https//mybu. Vereadet/12 https//mybusinesscourse.com/ereader/12 page/330 Search P9-39. Developing a Master Budget for a Merchandising Organization Peyton Department Store prepares budgets quarterly. The following information is available for use in planning the second quarter budgets for 2014. 33O chapter 9 l Operational and Profit Planning Budgeting PEYTON DEPARTMENT STORE Balance Sheet March 31, 2014 Liabilities and Stockholders' Equity Assets 3,000 Accounts payable Cash 25,000 Dividends payable Accounts receivable 30,000 Rent payable Inventory O Ask me S26,000 17,000 2,000