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(Solved): Prepare a sales budget, including a schedule of expected cash collections. Prepare a direct materia ...



Prepare a sales budget, including a schedule of expected cash collections.

Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials.

Prepare a cash budget.

Cash Budget with Supporting Cash Callections and Disbursements Schedules- Excel
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Other budgeted cash disbursements in March
The company has a line of credit available to bolster the cash balance as needed.

Please I need the right formula for the loan repayment, additional loan, total interest and financing

Thank you

Other budgeted cash disbursements in March The company has a line of credit available to bolster the cash balance as needed. When preparing budgets, the company maintains their data on a separate sheet from the actual budget and schedules. Click the Schedules and Cash Budget tab to prepare the following: 1. Schedule of expected cash collections for March. 2. Schedule of expected cash disbursements for inventory purchases for March. 3. Cash budget for March. Indicate in the financing section any borrowing that will be needed in March. Assume that any interest will not be paid until the following month.


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(1)Cash to be collected:Cash collected in March$5,100.00March account collections:January sales (25000*22%)$5,500.00February sales (30000*60%)$18,000.
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