- Base on the Income Statement of Quarter Ended March 31, 1985, complete an estimated income statement showing the effects of the expected transactions for the 2nd and 3rd quarter.
- Forecasts of collections from accounts receivable by months and of disbursements by months,
- Complete a summary cash statement, showing the amount of bank loans and the repayment of them; this statement should also show the expected cash balance at September 30.
- Complete an estimated balance sheet showing the expected financial position of Illinois Novelty Company at September 30.
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