Question: html k- Chapter 14 6 Help Save & Exilt Submit January budgeted selling and administrative expenses for the retail as follows: sales commissions, $25,500, rent,
html k- Chapter 14 6 Help Save & Exilt Submit January budgeted selling and administrative expenses for the retail as follows: sales commissions, $25,500, rent, $18,500 utilities. $5.900, depreciation, $5,000, and miscellaneous, $1,900 paild in the month after incurrence Other shoe store that Craig Shea plans to open on January 1,2018, are Ut expenses are expected to be paid in cash in the month in which they are incurred Required a. Determine the amount of budgeted cash payments for January selling and administrative expenses b. Determine the amount of utilities payable the store will report on the January 31 pro forma balance sheet c. Determine the amount of depreciation store monthly depreciation remains the same for the entire year expense the store will report on the income statement for the year 2018, assuming that c
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