Posted: June 6th, 2016

Using the information contained in the case and the previous budgets, prepare a budgeted balance sheet for Sweats Galore, Inc. for the year ended December 31, 2013. Sweats Galore, Inc.

Using the information contained in the case and the previous budgets, prepare a budgeted balance sheet for Sweats Galore, Inc. for the year ended December 31, 2013. Sweats Galore, Inc. Budgeted Balance Sheet December 31, 2013 Assets Cash Accounts receivable Sweatshirt inventory Equipment Less: Accumulated depreciation Total assets $” WeyFin-Man1E_Cases_ONLINE.indd Page CA-25 04/11/11 3:11 PM user-F408 /Users/user-F408/Desktop/Merry_X-Mas/New Liabilities and Stockholders’ Equity Accounts payable Notes payable Interest payable Taxes payable Total liabilities Common stock Retained earnings Total stockholders’ equity Total liabilities and stockholders’ equit