10. Prepare a budget for this year for the Administrative Department at XYZ Company based on the following information: Last Year Forecasting Assumption Budget for this Year Salaries $75,000 3% increase $ 900 Stationary Telephone Electricity 2$ $ 2,000 $ 4,000 Office Rent $15,000 2% decrease 7% increase 2.5% increase 2% increase Depreciation S 5.000 no change Total: S101,900

10. Prepare a budget for this year for the Administrative Department at XYZ Company based on the following information: Last Year Forecasting Assumption Budget for this Year Salaries $75,000 3% increase $ 900 Stationary Telephone Electricity 2$ $ 2,000 $ 4,000 Office Rent $15,000 2% decrease 7% increase 2.5% increase 2% increase Depreciation S 5.000 no change Total: S101,900

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter8: Budgets And Bank Reconciliations

Section: Chapter Questions

Problem 2.3C

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