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The management of Zigby Manufacturing prepared the following balance sheet for March 31. To prepare....

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Accounting

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The management of Zigby Manufacturing prepared the following balance sheet for March 31. To prepare. o master budget for April, May, and June, management gathers the following information. I. No cash payments for income taxes are budgeted in the second calendar quarter. Income tax will be assessed at 35% in the quarter and budgeted to be paid in the third calendar quarter. m. Equipment purchases of $100,000 are budgeted for the last day of June. Required: Prepare the following budgets for the months of April, May, and June: Budgeted balance sheet at June 30 . (Round your final answers to the nearest whole dollar.) The management of Zigby Manufacturing prepared the following balance sheet for March 31. To prepare. o master budget for April, May, and June, management gathers the following information. I. No cash payments for income taxes are budgeted in the second calendar quarter. Income tax will be assessed at 35% in the quarter and budgeted to be paid in the third calendar quarter. m. Equipment purchases of $100,000 are budgeted for the last day of June. Required: Prepare the following budgets for the months of April, May, and June: Budgeted balance sheet at June 30 . (Round your final answers to the nearest whole dollar.)

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