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The budget director for Thornton Cleaning Services prepared the following list of expected selling and adminis expenses. All expenses requiring cash payments are paid for

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The budget director for Thornton Cleaning Services prepared the following list of expected selling and adminis expenses. All expenses requiring cash payments are paid for in the month incurred except salary expense and Salary is paid in the month following the month in which it is incurred. The insurance premium for six months is October 1. October is the first month of operations, accordingly, there are no beginning account balances Required a. Complete the schedule of cash payments for S&A expenses by filling in the missing amounts b. Determine the amount of salaries payable the company will report on its pro forma balance sheet at the end quarter c. Determine the amount of prepaid insurance the company will report on its pro forma balance sheet at the end fourth quarter Complete this question by entering your answers in the tabs below. Req A Req Band Complete the schedule of cash payments for S&A expenses by filling in the missing amounts, November December Budgeted S&A Expenses Equipment lease expense October Ron Req A Req B and C Complete the schedule of cash payments for S&A expenses by filling in the missing amounts. October November December $ 3S Budgeted S&A Expenses Equipment lease expense Salary expense Cleaning supplies Insurance expense Depreciation on computer Rent Miscellaneous expenses Total operating expenses Schedule of Cash Payments for S&A Expenses Equipment lease expense Prior month's salary expense, 100% Cleaning supplies Insurance premium Depreciation on computer Rent Miscellaneous expenses Total disbursements for operating expenses 6,900 $ 6,900 $ 6,900 5,300 5,800 6,200 2,850 2,770 3,070 1,500 1,500 1,500 2,400 2,400 2,400 2.400 2,400 2,400 600 600 21,950 $ 22,370 $ 23,070 600 $ 21,750 $ 17,970 $ 18,770 Req A Req B and C Determine the amount of salaries payable and prepaid insurance the company will report on its pro forma balance sheet the end of the fourth quarter. b. Salaries payable c. Prepaid insurance

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