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Finch is a retail company specializing in men's hats. its budget director prepared the list of expected oporating expenses that follows. All items are paid
Finch is a retail company specializing in men's hats. its budget director prepared the list of expected oporating expenses that follows. All items are paid when incurred except sales commissions and utilities, which ore 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 scheduie of cash paryments 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 parments for selling and administrative expenses. Finch is a retail company specializing in men's hats. its budget director prepared the list of expected oporating expenses that follows. All items are paid when incurred except sales commissions and utilities, which ore 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 scheduie of cash paryments 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 parments for selling and administrative expenses
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