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Schedule of Cash Payments for a Service Company East Gate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March),

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Schedule of Cash Payments for a Service Company East Gate Physical Therapy Inc. is planning its cash payments for operations for the first quarter (January-March), The Accrued Expenses Payable balance on January 1 $27,100. The budgeted expenses for the next three months are as follows: January February March Salaries $62,300 $75,900 $84,000 Utilities 5,100 5,700 6,800 Other operating expenses 47,300 51,600 56,800 Total $114,700 $133,200 $147,600 Other operating expenses include $3,400 of monthly depreciation expense and $800 of monthly insurance expense that was prepaid for the year on May 1 of the previous year of the remaining expenses, 80% are paid in the month in which they are incurred, with the remainder paid in the following month. The Accrued Expenses Payablu balance on January 1 relates to the expenses incurred in December Prepare a schedule of cash payments for operations for January February, and March EastGate Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Ending March 31 January February March Payments of prior month's expense 29.100 Payments of current month's expense Total cash payments Check My Work 3 mom Check My Work uses remaining

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