Master Budget Essay Preview: Master Budget Report this essay Schedule A: Sales Budget TOTAL Recent and Forecasted Sales 62,000 75,000 38,000 175,000 Schedule B: Cash Collections 60% of current month sales 37,200 45,000 22,800 30% of previous month sales 7,500 18,600 22,500 10% of 2 months earlier 2,500 2,500 6,200 Total collections 47,200 66,100 51,500.
The American History of Good Things and Nice Stuff CHAPTER 5 ACCOUNTING NOTESA check has been cleared when funds have been withdrawn from your bank account.Cash receipts responsibilities go down the line by: cashier, supervisor, then accounting team.SOX act provides increased regulations for: internal controls, auditors, and corporate executives Aims to reduce fraud by counteract incentives,.
