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

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The budget director for Yardley Cleaning Services prepared the following list of expected selling and administrative expenses. All expenses requiring cash payments are paid for in the month incurred except salary expense and insurance. Salary is paid in the month following the month in which it is incurred. The insurance premium for six months is paid on 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 October November Decem Budgeted S&A Expenses Equipment lease expense Salary expense Cleaning supplies Insurance expense S 6,6006,600 S 6,600 6,2006,700 7.100 3,020 1.200 1.200 1.00 2870 2.770 3020 2,770 2,300 2,300 2,300 2.500 2,500 2,500 770 22,440 22,840 23,490 Rent 770 770 Total operating expenses Schedule of Cash Payments for S&A Expenses Equipment lease expense Prior month's salary expense, 100% Cleaning supplies Rent Total disbursements for operating expenses 19,940S 18,840 $ 19,590 14

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