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Pavlova-9 [17]
3 years ago
8

What is the proper preparation sequencing of the following budgets? 1. Budgeted Balance Sheet 2. Sales Budget 3. Selling and Adm

inistrative Budget 4. Budgeted Income Statement
Business
1 answer:
sergij07 [2.7K]3 years ago
5 0

Answer:

1. Sales Budget

2. Selling and Administrative Budget

3. Budgeted Income Statement

4. Budgeted Balance Sheet

Explanation:

First of all the sales budget is prepared in which expected sales are shown and then the selling and administrative budget is prepared which shows expenses related to sale.

The income statement budget is prepared which shows the expected income.

Then at last  Budgeted Balance Sheet  is prepared in which the expected income is transferred.

The order in which they appear is as follows.

1. Sales Budget

2. Selling and Administrative Budget

3. Budgeted Income Statement

4. Budgeted Balance Sheet

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While the industry for 5G compatible devices is in the introduction stage, the industry for 3G compatible devices are in the mat
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2. How should employers respond to K to 12 graduates who apply for vacant positions in
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Cross Town Cookies is an all-equity firm with a total market value of $695,000. The firm has 46,000 shares of stock outstanding.
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Answer:

$1.67

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