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4 Check my work 8. Rundle is a retail company specializing in men's hats. Its budget director prepared the list of expected operating expenses that
4 Check my work 8. Rundle is a retail company specializing in men's hats. Its budget director prepared the list of expected operating expenses that follows. All items are paid when incurred except sales commissions and utilities, which are paid in the month following their incurrence. July is the first month of operations, so there are no beginning account balances. 1.11 points eBook Salary expense Sales commissions (4 percent of sales) Supplies expense Utilities Depreciation on store equipment Rent Miscellaneous Total S&A expenses before interest July $18,800 3,300 330 1,300 3,600 7,000 600 $34,930 August September $18,800 $18,800 3,300 3,300 360 390 1,300 1,300 3,600 3,600 7,000 7,000 600 600 $34,960 $34,990 Print References Required a. Prepare a schedule of cash payments for selling and administrative expenses. b. Determine the amount of utilities payable as of September 30. c. Determine the amount of sales commissions payable as of September 30. Req A Req B and C Prepare a schedule of cash payments for selling and administrative expenses. k Schedule of Cash Payments for S&A Expenses ut July August September nces Total payments for S&A expenses
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