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

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Gibson 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. Salary expense Sales commissions (4 percent of sales) Supplies expense Utilities Depreciation on store equipment Rent Miscellaneous July $ 18,000 3,500 340 August $ 18,000 3,500 370 September $ 18,000 3,500 400 2,800 2,800 2,800 2,500 2,500 2,500 7,300 7,300 7,300 770 770 770 Total S&A expenses before interest $ 35,210 $ 35,240 $ 35,270 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. Req A Req B and C Prepare a schedule of cash payments for selling and administrative expenses. Schedule of Cash Payments for Selling and Admin Expenses July August September Total payments for S&A expenses

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