Question

Hector Company reports the following sales and purchases data. 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 and September.


$1.99
Sales0
Views158
Comments0
  • CreatedApril 23, 2015
  • Files Included
Post your question
5000