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1 Green Lawn Company sells garden supplies. Management is planning its cash needs for the...

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Accounting

1 Green Lawn Company sells garden supplies. Management is planning its cash needs for the second quarter. The following information has been assembled to assist in preparing a cash budget for the quarter.
a Budgeted monthly income statements for July to October are as follows
\table[[\table[[Sales],[Cost of goods sold],[Gross margin],[Less: Operating expenses:],[Selling expense],[Administrative expense*],[Total operating expenses],[Net income.]],July,August,September,October],[$540,000,$780,000,$460,000,$380,000
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