Business
Business, 12.08.2019 20:30, rstredway7693

Ruddy 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 august september salary expense $ 17,300 $ 17,300 $ 17,300 sales commissions (4 percent of sales) 3,400 3,400 3,400 supplies expense 310 340 370 utilities 2,400 2,400 2,400 depreciation on store equipment 3,500 3,500 3,500 rent 7,300 7,300 7,300 miscellaneous 600 600 600 total s& a expenses before interest $ 34,810 $ 34,840 $ 34,870a. prepare a schedule of cash payments for selling and administrative expenses for july, august, septembersalary expensesales commissionsupplies on store payments for s& a expensesb. determine the amount of utilities payable as of september 30.utilities payable = ? c. determine the amount of sales commissions payable as of september 30.sales commissions payable = ?

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Ruddy is a retail company specializing in men’s hats. its budget director prepared the list of expec...

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