H o me of incorrect for the work you have completed so far. It does not indicate complete Problem 14-19 Preparing a schedule of cash payments for selling and administrative expenses LO 144 Malcolm 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 the in July is the first month of operations, so there are no beginning account balances any expense Sales c ains (4 percent of sales Bupplies expense July 12.000 1.000 August September 312,000 12.000 1.000 1.000 210 Depreciation on store ant .00 1.500 3.300 1.300 Tots S ex Detone interest 510.07 10.10 13.05 Required 2. Prepare a schedule of cash payments for selling and administrative expenses Demine the amount of les payable as of September 30 ermine the amount of sales commissions payable as of September 0 C ReqA ReqB and Prepare a schedule of cash payments for selling and administrative expenses. Schedule of cash Payments for 5&A Expenses July August Salary expense 12.000 1,000 Sales commissions Supplies expense Utilities 12.000 1,000 195 350 1.500 3 300 345 September 12000 1.000 210 550 1,500 x 3.300 345 18.905 Depreciation expense 0 Miscellaneous TOT payments for S&A expenses 10 875 180 Ray Band ) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg A Reg B and C Detalinne amount toties payable and sales commissions payable as of september 30, Ultiot payable Sales commissions payable $ 1.650 $ 3.000 ROLA Prev Next >