question archive Prepare a Pro-forma income statement, and balance sheet and cash budget statement, for your company, on a monthly basis for the 2nd quarter, and a total column for the quarter, based on the following assumptions: • Sales will increase by 50% over Q1 and are equally spread out over the 3 months
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Prepare a Pro-forma income statement, and balance sheet and cash budget statement, for your company, on a monthly basis for the 2nd quarter, and a total column for the quarter, based on the following assumptions: • Sales will increase by 50% over Q1 and are equally spread out over the 3 months. All sales are on credit. The collection pattern is 20%...