Question: Your answer is partially correct. For each item given, identify the budget in which it will appear. If an item will appear on more than

 Your answer is partially correct. For each item given, identify the

Your answer is partially correct. For each item given, identify the budget in which it will appear. If an item will appear on more than one budget, then indicate as many budgets as are relevant. 1. Ending cash balance Budgeted Balance Sheet and Cash Budget 2. Total selling and administrative expenses Selling and Administrative Expense Budget and Budgeted Income Statement 3. Total sales (in dollars) Sales Budget and Budgeted Income Statement 4. Interest expense Budgeted Income Statement 5. 5 Ending raw materials inventory in dollars Budgeted Balance Sheet and Budgeted Income Statement 6 6. Ending finished goods inventory in dollars Production Budget and Budgeted Income Statement

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