Schedule of cash payments for a service company
EastGate Physical Therapy Inc. is planning its cash payments for operations for the first quarter
JanuaryMarch The Accrued Expenses Payable balance on January is $ The budgeted
expenses for the next three months are as follows:
Other operating expenses include $ of monthly depreciation expense and $ of monthly
insurance expense that was prepaid for the year on May of the previous year. of the remaining
expenses, are paid in the month in which they are incurred, with the remainder paid in the
following month. The Accrued Expenses Payable balance on January relates to the expenses
incurred in December.
Prepare a schedule of cash payments for operations for January, February, and March.
EastGate Physical Therapy Inc.
Schedule of Cash Payments for Operations
For the Three Months Ending March
