In Preparing a Budgeted Balance Sheet, the Amount for Accounts

Multiple Choice

In preparing a budgeted balance sheet, the amount for Accounts Receivable data can be derived from:

A) The capital expenditures budget and purchases budget.
B) The budgeted income statement and budgeted balance sheet.
C) The sales budget and the schedule of cash receipts.
D) The selling expenses budget and the schedule of cash receipts.
E) The purchases budget and schedule of cash payments.