S&P Enterprises has provided data from the fest three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments to suppliers. Use the information included in the Excel Simulation and the Excel functions described below to complete the tank. Cell Reference. Allows you to refer to data from another cell in the worksheet From the Excel Simulation below, in a blank cell on the Budget Data tab, -85 was entered the formula would output the result from cell B5, or 1600 in this example, MultTab Cel Reference. Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below. If in a blank cell on the Schedules and Cash Budget tab Budget Data' was entered the formula would output the result from cell C7 in the Budget Data tab or 33.750 in this example Basic Math functions Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add. (minus sign to subtract), fosterisk sign to multiply, and/{forward slash to divide). From the Excel Simulation below. Fina blank cell on the Budget Data tab. 815-16" was entered the formulo would add the values from those cells and output the result of 34.000 in this example. If using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values You can add individual cell references or ranges to utilize this function. From the Excel Simulation below. I in a blank cell SUM(B10, B11B12 was entered the formula would output the result of adding those three separate cells, or 97% in this example. Similarly, it in a blank cell SUM(810:812 was entered the formula would output the same result of adding those cells, except they are expressed as a range in the formule, and the result would be 97% in this example, H Cumhuge with Supporting Cash Colection and SERI PELAYU FOR CATA FILE VES ZIM Nume con Fonte Lincolleceble A 0 To bude administrative de eine strane depredao $11500 99 100 Other users can be COLM Bushalt Data 5.400 53000 meta tante 13 00 DI 50 DES 10 Cash Budget with Supporting Cash Collections and Oistusement Sched INSERT PAGE LAYOUT ROALLAS DATA VW VIEW HOME SO 16 KA SA Ali Mumber Conditional Force Forning Table Styles for A33 X Uncollectible w ebook A C D 21 Total budgeted selling & administrative expenses in March 22 Budgeted selling & administrative depreciation in March $12.500 99 200 $14,000 $2.000 24 other budgeted cash disbursements in March 25 Equipment purchases 25 Dividends to be paid 22 20 Minimum cash balance to be maintained 29 March 1 cash balance 10 March 1 outstanding borrowing 31 March 1 interest due $10,000 $11.500 50 so 13 The company has a line of credit available to bolster the cash balance as needed When preparing budgets, the company maintains ther data on a separate sheet from the actual bupt and schedules Book the Schedules and Cash Budget tab to prepare the following 30 1 schedule of expected cash collections for each Schedule of expected cash disbursements for inventory porchases for March HE cash budget for March. Indicate in the financiero y borrowing that will be needed in March Assume that 22 artet not be paid until the follow Basiya Dut Schedules and Cash Budge TECH Astand Cash Budget with Supporting Cash Collections and Disbursements Schedules INSERT PAGE LAYOUT FORMULAS DATA REVEW VIEW HOME Signal Cette tent Number Conditional Format Cell Formatting Table Styles Sy Chan Part 036 1 Expected cash collections: 2 March cash collections 2 March collections on account: 4 January Sales 5 February sales 6 March sales Total cash collections 5,500 Payment to suppliers: 10 Accounts payable for inventory purchases, beginning balance 11 March purchases 2 Total cash payments 5&P Enterprises Cash Budget For the Month of March I can balance March 19 Add a receipts 20 Collecons from customers 1. Toch available before current financing 22 est diuerent Payment les mi Budget Data Schedules and Cash Budget 100 Am Proje 70 X o Cash Budget with Supporting Cash Collections and Disbursements Schedules Excel INT PAGE LAYOUT FORMULAS DATA VW VIW HOME Sign BI Celes - Aligunt Number Conditional i Farming Table Styles Says Card 036 c E 21 Total cash valable before current financing 22 Less disbursements 23 Payments to suppliers 24 Selling and administrative expenses Equipament purchases 16 Dividends paid 27 Total disbursements 28 Excess deficiency of cash available over disbursements he 33 Borrowings Repayments o financing 14 Cash balance, March 31 C Budget Schedules and Cash Budget BEN Ath S&P Enterprises has provided data from the fest three months of the year. The Controller has asked you to prepare the Cash Budget and the related Schedules for Expected cash collections and Payments to suppliers. Use the information included in the Excel Simulation and the Excel functions described below to complete the tank. Cell Reference. Allows you to refer to data from another cell in the worksheet From the Excel Simulation below, in a blank cell on the Budget Data tab, -85 was entered the formula would output the result from cell B5, or 1600 in this example, MultTab Cel Reference. Allows you to refer to data from another cell in a separate tab in the worksheet. When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below. If in a blank cell on the Schedules and Cash Budget tab Budget Data' was entered the formula would output the result from cell C7 in the Budget Data tab or 33.750 in this example Basic Math functions Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add. (minus sign to subtract), fosterisk sign to multiply, and/{forward slash to divide). From the Excel Simulation below. Fina blank cell on the Budget Data tab. 815-16" was entered the formulo would add the values from those cells and output the result of 34.000 in this example. If using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values You can add individual cell references or ranges to utilize this function. From the Excel Simulation below. I in a blank cell SUM(B10, B11B12 was entered the formula would output the result of adding those three separate cells, or 97% in this example. Similarly, it in a blank cell SUM(810:812 was entered the formula would output the same result of adding those cells, except they are expressed as a range in the formule, and the result would be 97% in this example, H Cumhuge with Supporting Cash Colection and SERI PELAYU FOR CATA FILE VES ZIM Nume con Fonte Lincolleceble A 0 To bude administrative de eine strane depredao $11500 99 100 Other users can be COLM Bushalt Data 5.400 53000 meta tante 13 00 DI 50 DES 10 Cash Budget with Supporting Cash Collections and Oistusement Sched INSERT PAGE LAYOUT ROALLAS DATA VW VIEW HOME SO 16 KA SA Ali Mumber Conditional Force Forning Table Styles for A33 X Uncollectible w ebook A C D 21 Total budgeted selling & administrative expenses in March 22 Budgeted selling & administrative depreciation in March $12.500 99 200 $14,000 $2.000 24 other budgeted cash disbursements in March 25 Equipment purchases 25 Dividends to be paid 22 20 Minimum cash balance to be maintained 29 March 1 cash balance 10 March 1 outstanding borrowing 31 March 1 interest due $10,000 $11.500 50 so 13 The company has a line of credit available to bolster the cash balance as needed When preparing budgets, the company maintains ther data on a separate sheet from the actual bupt and schedules Book the Schedules and Cash Budget tab to prepare the following 30 1 schedule of expected cash collections for each Schedule of expected cash disbursements for inventory porchases for March HE cash budget for March. Indicate in the financiero y borrowing that will be needed in March Assume that 22 artet not be paid until the follow Basiya Dut Schedules and Cash Budge TECH Astand Cash Budget with Supporting Cash Collections and Disbursements Schedules INSERT PAGE LAYOUT FORMULAS DATA REVEW VIEW HOME Signal Cette tent Number Conditional Format Cell Formatting Table Styles Sy Chan Part 036 1 Expected cash collections: 2 March cash collections 2 March collections on account: 4 January Sales 5 February sales 6 March sales Total cash collections 5,500 Payment to suppliers: 10 Accounts payable for inventory purchases, beginning balance 11 March purchases 2 Total cash payments 5&P Enterprises Cash Budget For the Month of March I can balance March 19 Add a receipts 20 Collecons from customers 1. Toch available before current financing 22 est diuerent Payment les mi Budget Data Schedules and Cash Budget 100 Am Proje 70 X o Cash Budget with Supporting Cash Collections and Disbursements Schedules Excel INT PAGE LAYOUT FORMULAS DATA VW VIW HOME Sign BI Celes - Aligunt Number Conditional i Farming Table Styles Says Card 036 c E 21 Total cash valable before current financing 22 Less disbursements 23 Payments to suppliers 24 Selling and administrative expenses Equipament purchases 16 Dividends paid 27 Total disbursements 28 Excess deficiency of cash available over disbursements he 33 Borrowings Repayments o financing 14 Cash balance, March 31 C Budget Schedules and Cash Budget BEN Ath