Question: gnment 5 Help Problem 7-19 A Preparing a schedule of cash payments for selling and administrative expenses LO 7-4 Benson is a retail company specializing
gnment 5 Help Problem 7-19 A Preparing a schedule of cash payments for selling and administrative expenses LO 7-4 Benson 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 operationsso there are no beginning acc Septesber Sales commissions (4 percent of sales) $17,800 $17,800 $17,800 1,7001,7001,700 Ask 370 1,5001,5001,500 3,500 7.100 Utilities 3,500 7,100 7,100 720 3,500 Rent Miscellaneous Total S&A expenses betore interest$32,690 32.720 $32.750 Required a. Prepare a schedule of cash payments for selling and administrative expenses b. Determine the amount of utilities payable as of September 30 c. Determine the amount of sales commissions payable as of September 30 Complete this question by entering your answers in the tabs below 8
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