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Need accounting assignment help. will upload assignment. Please do not ask for time extension once you bid and it is accepted. Please look at the instructions and use the excel spread sheet that has been uploaded.

Prepare a cash budget for the three-month period ending December 31. Include the following detailed budgets:

1.

a. A sales budget, by month and in total.

b. A schedule of expected cash collections from sales, by month and in total.

c. A merchandise purchases budget in units and in dollars. Show the budget by month and in total.

d. A schedule of expected cash disbursements for merchandise purchases, by month and in total.

2. A cash budget. Show the budget by month and in total. Determine any borrowing that would be needed to maintain the minimum cash balance of $50,000.

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