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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

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. July Salary expense Sales commissions (4 percent of sales) Supplies expense $18,700 August September $18,700 $18,700 2,600 2,600 2,600 320 350 380 Utilities 1,400 1,400 1,400 Depreciation on store equipment 3,800 3,800 3,800 Rent 6,300 6,300 6,300 Miscellaneous 790 790 290 Total S&A expenses before interest $33,910 $33,940 $33,970 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. Red A Req B and C Prepare a schedule of cash payments for selling and administrative expenses. Schedule of Cash Payments for S&A Expenses Total payments for S&A expenses July August September 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. July Salary expense $18,700 August September $18,700 $18,700 Sales commissions (4 percent of sales) Supplies expense 2,600 2,600 2,600 320 350 380 Utilities 1,400 1,400 1,400 Depreciation on store equipment 3,800 3,800 3,800 Rent 6,300 6,300 6,300 Miscellaneous 790 790 790 Total S&A expenses before interest $33,910 $33,940 $33,970 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. Reg A Req B and C Determine the amount of utilities payable and sales commissions payable as of September 30. Utilities payable e Sales commissions payableimage text in transcribedimage text in transcribed

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