Required: Using the data above, complete the following statements and schedules for the second quarter...
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Accounting
Required: Using the data above, complete the following statements and schedules for the second quarter 1. Sales Budget by month and in total. 2. Schedule of expected cash collections: 3a. Merchandise purchases budget by month and in total. 3b. Schedule of expected cash disbursements for merchandise purchases 4. Cash budget by month but NOT in total. 5. Prepare a traditional format budgeted income statement for the quarter ending June 30. 6. Prepare a budgeted balance sheet as of June 30
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