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Requirement 3 . Prepare the schedule of cash payments for selling and administrative expenses for January and February 2 0 2 5 . Assume 3

Requirement 3. Prepare the schedule of cash payments for selling and administrative expenses for January and February 2025. Assume 30% of the accrual for Salaries and Commissions Payable
is for commissions and 70% is for salaries. The December 31 balance will be paid in January. Salaries and commissions are paid 40% in the month incurred and 60% in the following month. Rent
and income tax expenses are paid as incurred. Insurance expense is an expiration of the prepaid amount. (Round your answers to the nearest whole number.)
Baxter Company
Budgeted Cash Payments for Selling and Administrative Expenses
Two Months Ended February 28,2025Requirement 3. Prepare the schedule of cash payments for selling and administrative expenses for January and February 2025. Assume 30% of the accrual for Salaries and Commissions
Payable is for commissions and 70% is for salaries. The December 31 balance will be paid in January. Salaries and commissions are paid 40% in the month incurred and 60% in the following
month. Rent and income tax expenses are paid as incurred. Insurance expense is an expiration of the prepaid amount. (Round your answers to the nearest whole number.)
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