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\begin{tabular}{|c|c|} \hline 2 & Prepare the schedule of cash payments for purchases for January and february 2024 . Assume purchases are paid 70% in the month \\ \hline & of purchase and 30% in the month following the purchase \\ \hline & \\ \hline 3 & Prepare the schedule of cash payments for selling and administrative expenses for January and February 2024 . Assume 40% of the \\ \hline & 12/31/23 accrual for Salaries and Commissions Payable is for commissions and 60 s is for salaries. The December 31 batance will be \\ \hline & January. Salaries and commissions are paid 60% in the month incurred and 40% in the following month Fent and income tax \\ \hline & expenses are paid as incurfed insurance expense reflects the portion of prepaid insurance that has expired and is recorded as an exp \\ \hline & the period noted. \\ \hline & \\ \hline 4 & Prepare the cash budget for lahuary and Februarv 2024 . Assume no financing took place, \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline 2 & Prepare the schedule of cash payments for purchases for January and february 2024 . Assume purchases are paid 70% in the month \\ \hline & of purchase and 30% in the month following the purchase \\ \hline & \\ \hline 3 & Prepare the schedule of cash payments for selling and administrative expenses for January and February 2024 . Assume 40% of the \\ \hline & 12/31/23 accrual for Salaries and Commissions Payable is for commissions and 60 s is for salaries. The December 31 batance will be \\ \hline & January. Salaries and commissions are paid 60% in the month incurred and 40% in the following month Fent and income tax \\ \hline & expenses are paid as incurfed insurance expense reflects the portion of prepaid insurance that has expired and is recorded as an exp \\ \hline & the period noted. \\ \hline & \\ \hline 4 & Prepare the cash budget for lahuary and Februarv 2024 . Assume no financing took place, \\ \hline \end{tabular}