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COURSE PROJECT A INSTRUCTIONS

Instructions for Course Project A, providing guidelines for completion and expectations.

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    COURSE PROJECT A INSTRUCTIONS Prepare a comprehensive master budget for Earrings Unlimited for the second quarter (April 1 to June 30). This should include a sales budget, a schedule of expected cash collections from sales, a merchandise purchases budget, a schedule of cash disbursements for merchandise purchases, a cash budget (showing any necessary borrowing to maintain a $50,000 minimum balance), a budgeted income statement (using the contribution approach), and a budgeted balance sheet as of June 30. Ensure all calculations follow the given information and assumptions. Word count requirement : 1,500 - 2,000 words.

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