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Can you help me with the budgeted balance sheet? I have completed everything except for that. I don't know what the Bank Loan Payable would be. The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2019. ZIGBY MANUFACTURING EstiTo prepare a master budget for April, May, and June of 2019, management gathers the following information. a. Sales for MarchRequired: Prepare the following budgets and other financial information as required. All budgets and other financial informatRequired 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Sales budget.Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Production budNeyulieu. neyuleue neyulieu > neyulieu 4 Neyulieu 2 Neyui eu u neyulleu / Neyulieu o Neyulieu y Neyulieu lu Raw materials budequired 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 irect labor budRequired 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Factory overheRequired 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Selling expensLLLLLLLL Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 GenerRequired 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Cash budget. ($ 25 points 42,000$ 520,000 562,000 59,790 526,000 585,790 87,020 534,750 621,770 Beginning cash balance Cash receipts from c3,200 14,000 3,200 14,000 12,000 3,200 14,000 Sales salaries General & administrative salaries Dividends Loan interest Long-tBuuyeteu income statement sur une entre seconu quarter (HOL Tor each monen separately). (Round your mal answers to the neares$ 841,190 ZIGBY MANUFACTURING Budgeted Balance Sheet June 30, 2019 Assets Cash $ 42,000 Accounts receivable 365,750 FinishedCquipment 11 I 30,UUU 215,300 520,700 $1,361,890 $ 188,100 0 % Accumulated depreciation Equipment, net Total assets Liabiliti

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Answer #1
Balance Sheet
Assets
Cash                42,000
Accounts Receivable              365,750
Raw Material Inventory                84,000
Finished Goods Inventory              349,440
Total Current Assets              841,190
Equipment              736,000
Accumulated Depreciation           (215,300)
Equipment, Net              520,700
Total Assets          1,361,890
Liabilities and Equity
Accounts Payable              188,100
Bank Loan Payable                32,300
Income tax Payable                25,660
Total Current Liabilities              246,060
Long Term Note Payable              510,000
Total Liabilities              756,060
Common Stock              337,000
Retained Earnings              268,830
Total Stockholder's Equity              605,830
Total Liability and Equity          1,361,890                     -  
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