Question

15. Connor Company began operations on January 1 and has projected the following selling and administrative expenses 囲(Click on the icon to view the selling and administrative expenses.) Determine the cash payments for selling and administrative expenses for the first three months of operations. (Complete all answer boxes. Enter a "O for zero amounts.) January FebruaryMarch Data Table Rent Expense Utilities Expense Depreciation Expense Insurance Expense Total cash payments for selling and administrative expenses Rent Expense Utilities Expense Depreciation Expense Insurance Expense $1,000 per month, paid as incurred 500 per month, paid in month after incurred 300 per month 100 per month, 6 months prepaid on January 1 Print Done

Answer 1

Selling and administrative expenses budget

	January	February	March
Rent expense	1,000	1,000	1,000
Utilities expense	0	500	500
Insurance expense	600	0	0
Total cash payments for selling and administrative expenses	1,600	1,500	1,500

Depreciation expense will not be considered since it is a non cash expense.

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