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Finch is a retail company specializing in men's hats. Its budget director prepared the list of expected operating expenses that follow All items are paid

Finch is a retail company specializing in men's hats. Its budget director prepared the list of expected operating expenses that follow All items are paid when incurred except sales commissions and utilities, which are paid in the month following their incurrence. July the first month of operations, so there are no beginning account balances. Salary expense Sales commissions (4 percent of sales) Supplies expense Utilities Depreciation on store equipment Rent Miscellaneous Total S&A expenses before interest Req A July $ 17,300 2,600 340 2,800 3,900 6,500 710 $ 34,150 Complete this question by entering your answers in the tabs below. Req B and C 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. August $ 17,300 2,600 370 2,800 3,900 6,500 710 $ 34,180 Salary expense Sales commissions Supplies expense Prepare a schedule of cash payments for selling and administrative expenses. Schedule of Cash Payments for Selling and Admin Expenses July September $ 17,300 2,600 400 August September 2,800 3,900 6,500 710 $ 34,210
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Finch is a retail company specializing in men's hats. Its budget director prepared the list of expected operating expenses that follor All items are paid when incurred except sales commissions and utilities, which are paid in the month following their incurrence. July the first month of operations, so there are no beginning account balances. 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. Complete this question by entering your answers in the tabs below. Prepare a schedule of cash payments for selling and administrative expenses. Prepare a schedule of cash payments for selling and administrative expenses. Finch is a retall 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. 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. Complete this question by entering your answers in the tabs below. Determine the amount of utilities payable and sales commissions payable as of September 30

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