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Rundle is a retail company specializing in mens hats. Its budget director prepared the list of expected operating expenses that follows. All items are paid

Rundle is a retail company specializing in mens 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 August September Salary expense $ 17,200 $ 17,200 $ 17,200 Sales commissions (4 percent of sales) 2,300 2,300 2,300 Supplies expense 290 320 350 Utilities 2,900 2,900 2,900 Depreciation on store equipment 3,000 3,000 3,000 Rent 6,600 6,600 6,600 Miscellaneous 610 610 610 Total S&A expenses before interest $ 32,900 $ 32,930 $ 32,960 Required Prepare a schedule of cash payments for selling and administrative expenses. Determine the amount of utilities payable as of September 30. Determine the amount of sales commissions payable as of September 30.

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Rundle 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. Required a. Prepare a schedule of cash payments for selling and administrative expenses. b. Determine the amount of utilities payable as of September 30 . c. Determine the amount of sales commissions payable as of September 30. Complete this question by entering your answers in the tabs below. Prepare a schedule of cash payments for selling and administrative expenses. Rundle 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. Required a. Prepare a schedule of cash payments for selling and administrative expenses. b. Determine the amount of utilities payable as of September 30 . c. Determine the amount of sales commissions payable as of September 30. Complete this question by entering your answers in the tabs below. Determine the amount of utilities payable and sales commissions payable as of September 30. b. Utilities payable c. Sales commissions payable

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