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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

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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 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 $17,500 2,200 320 2,000 2,000 7,500 660 August $ 17,500 2,200 350 2,000 2,000 7,500 660 September $ 17,500 2,200 380 2,000 2,000 7,500 6601 Total S&A expenses before interest $32,180 $32,210 $32,240 Required ce #5 Required a. Prepare a schedule of cash payments for selling and administrative expenses. Schedule of Cash Payments for S&A Expenses July August September Salary expense Sales commissions Supplies expense Utilities Depreciation on store equipment Rent Miscellaneous Total payments for S&A expenses 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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