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Problem 14-19 Preparing a schedule of cash payments for selling and administrative expenses LO 14-4...

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Accounting

Problem 14-19 Preparing a schedule of cash payments for selling and administrative expenses LO 14-4 Ruddy is a retail company specializing in mens 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 operations, so there are no beginning account balances.

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