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Ruddy 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

Ruddy 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. July Salary expense $17,400 August $ 17,400 September $ 17,400 Sales commissions (4 3,300 3,300 3,300 percent of sales) Supplies expense 350 380 410 Utilities: 1,400 1,400 1,400 Depreciation on store 3,500 3,500 3,500 equipment Rent 7,200 7,200 7,200 Miscellaneous 720 720 720 Total S&A expenses before $33,870 $33,900 $33,930 interest Required a. Prepare a schedule of cash payments for selling and administrative expenses. Salary expense Sales commissions Supplies expense Schedule of Cash Payments for S&A Expenses Utilities Depreciation on store equipment Rent Miscellaneous Total payments for S&A expenses July August September b. Determine the amount of utilities payable as of September 30. Required a. Prepare a schedule of cash payments for selling and administrative expenses. Salary expense Schedule of Cash Payments for S&A Expenses Sales commissions Supplies expense Utilities Depreciation on store equipment Rent Miscellaneous Total payments for S&A expenses July August September b. Determine the amount of utilities payable as of September 30. Utilities payable c. Determine the amount of sales commissions payable as of September 30. Sales commissions payable

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