Final answer:
The sales budget provides information on total budgeted sales and cash collections from customers for pro forma financial statements.
Step-by-step explanation:
The sales budget provides information regarding the total budgeted sales, which is used to prepare the pro forma income statement. It helps in forecasting the revenue that the company expects to generate during a specific period.
The sales budget also provides information about the cash collections from customers, which is used to prepare the pro forma balance sheet. This helps in estimating the cash inflows from sales.
The ending balance in accounts payable, which appears on the pro forma balance sheet, is not directly provided by the sales budget. It is determined by analyzing the purchasing and payment patterns of the company.
Therefore, the correct answer is total budgeted sales to be used on the pro forma income statement and cash collections from customers to be used on the pro forma balance sheet.