Question


Hector Company reports the following:


Payments for purchases are made in the month after purchase. Selling expenses are 10% of sales, administrative expenses are 8% of sales, and both are paid in the month of sale. Rent expense of $ 7,400 is paid monthly. Depreciation expense is $ 2,300 per month. Prepare a schedule of budgeted cash disbursements for August andSeptember.


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  • CreatedNovember 29, 2013
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