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schedule of cash payments exel learning systems Inc. Was organized on September 30, 2016. Selling in administrative expenses for each first three months of operation

schedule of cash payments
exel learning systems Inc. Was organized on September 30, 2016. Selling in administrative expenses for each first three months of operation are as follows: image text in transcribed
Schedule of Cash Payments Excel Learning Systems Inc was crganted on September 30, 2016. Projected selling and administrative expenses for each of the first three months of operations are as follows: October November December $93.100 B3,600 80,600 Depreciation, insurance and property taxes present $20,000 of the estimated monthly expenses. The annual insurance M a id on September 10, N expects that of the remainder of the expenses wil be paid in the month in which they are incurred, with the balance to be paid in the following month o rty taxes Prepare a schedule indicating cash payments for sing and administrative expenses for October, November and December Excel Learning Systems Inc Schedule of Cash Payments for Seling and Administrative Expenses For the Three Months nang December 31, 2016 October November December Paid in October Paid November bere par Paid in November Paid in December December pense Paid in December Totalcash payments

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