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Preparing a Cash Budget with Supporting Schedules using Excel's Multi-Tab Cell Referencing and Basic Math Functions S\&P Enterprises has provided data from the first three months of the year. The Controller has asked you to prepore 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 task. - Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell on the Budget Data tab, "-B5" was entered, the formula would output the result from cell B5, or 1,600 in this example. - Multi-Tab Cell Reference: Allows you to refer to dota 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 mult-tab cell reference looks different than a normal cell reference, since it includes the tob name surrounded by opostrophes 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 Dota 'C7. was entered, the formula would output the result from cell C7 in the Budget Data tab, or 33,750 in this example. - Basic Math functionst Allows you to use the basic moth symbols to perform mathemotical functions. You can use the following keys: (plus sign to add), - (minus sign to subtract). "(osterisk sign to multiply) and / (forward slash to divide). From the Excel Simulation below, if in a plank cell on the Budget Doto tob, "=B15+B16" was entered, the formula would add the values from those cells and output the result, or 34,000 in this example. If using the other moth symbols the result would output an oppropriate 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 tanges to utilize this function. From the Excel Simulation below, If in a blank cell "=SUM 810.811.812 ") was entered, the formula would output the result of adding those three separate cells, or 97% in this example. Similarly, if in a blank cell "-SUM(B10:B12" was entered, the formulo would output the some resuit of adding those cells, except they ore expressed as a range in the formula, and the result would be 975 in this example. 1 Expected cash collections: 2. March cash collections 3 March collections on account: January sales February sales March sales Total cash collections Payments to suppliers: 10 Accounts payable for inventory purchases, beginning balance 11 March purchases 12. Total cash payments \begin{tabular}{r|c|} \hline 12 & Total cash payments \\ 14 & S \& P Enterprises \\ 15 & Cash Budget \end{tabular} Cash Budget For the Month of March Cash balance, March 1 19 Add cash receipts: 20 Collections from customers Total cash avallable before current financing 22 Less disbursements: 23 Payments to suppliers 24 Selline and administrative penences 4, Budget Data Schedules and Cash Budget PEADY Attempt(o)

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