Acc 206 Week 5 Assignment

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E 22-19

| | |Budgeted Balance Sheet | |July 31, 2012 | |Assets | | |Current assets: | | | Cash |$7,100 | | Accounts receivable | 3,640 | | Inventory | 15,700 | | Total current assets | $26,440 | |Plant assets: | | | Furniture and fixtures $34,500 | | | Accumulated depreciation (30,730) | 3,770 | |Total assets | $30,210 | |Liabilities | | |Current liabilities: | | | Accounts payable |$2,400 | |Total liabilities | 2,400 | |Stockholders’ Equity | | |Stockholders’ equity |$27,810 | |Total liabilities and stockholders’ equity |$30,210 |

P22-22A

|Thumbtack Office Supply | |Sales Budget | |April – May 2012 | | |April |May | |Sales |$40,000 |$40,800 a |

|Thumbtack Office Supply | |Inventory, Purchases, and Cost of Goods Sold Budget | |April – May 2012 | | |April |May | |Cost of...
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