Instructions for Course Project A, providing guidelines for completion and expectations.
Mia Martinez
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COURSE PROJECT A INSTRUCTIONSPrepare a comprehensive master budget for Earrings Unlimited for the second quarter (April 1 toJune 30). This should include a sales budget, a schedule of expected cash collections from sales,a merchandisepurchases budget, a schedule of cash disbursements for merchandise purchases, acash budget (showing any necessary borrowing to maintain a $50,000 minimum balance), abudgeted income statement (using the contribution approach), and a budgeted balance sheet as ofJune 30. Ensure all calculations follow the given information and assumptions.Word count requirement: 1,500-2,000 words.
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