october tales are etme tps/ ml omework Help Sav Exercise 14-11 Preparing a schedule of...
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october tales are etme tps/ ml omework Help Sav Exercise 14-11 Preparing a schedule of cash payments for selling and administrative expenses LO 14-4 The budget director for Kanosh Cleaning Services prepared the following list of expected selling and administrative expenses Al expenses requiring cash payments are paid for in the month incurred except salary expense following the month in which it is incurred. The insurance premium for six months is paid on October 1 October is the first month of operations; accordingly, there are no beginning account balances and insurance. Salary is paid in the month Required a Complete the schedule of cash payments tor S&A expenses by filing in the missing amounts b. Determine the amount of salaries payable the company willreport on its pro forma balance sheet at the c. Determine the amount of prepaid insurance the company will report on its pro forma balance sheet at the end of the fourth quarter Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the schedule of cash payments for S&A expenses by filling in the missing amounts October November Budgeted 5SSA Expenses
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