Jaimes had prepared the rent for the whole year
2.Prepare a purchases budget for the third quarter of this year for Jaime’s Hat Shop.
Refer to 3-19- Jamie’s ended the second quarter for this year with 60 hats on hand.
Advertising $400
Salaries(50% general and administrative, 50% selling) $5000
3-22-Refer to 3-19 through 3-22. Jaime’s Hat Shop ended June with a cash balance of $10,343.
Prepare a cash budget for the third quarter of this year.