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1. For the month of July, calculate the following:
a. Budgeted sales
b. Budgeted merchandise purchases
c. Budgeted cost of goods sold
d. Budgeted net operating income
2. Prepare a budgeted balance sheet as of July 31.

1 For The Month Of July Calculate The Following A Budgeted Sales B Budgeted Merchandise Purchases C Budgeted Cost Of Goods Sold D Budgeted Net Operating Income class=