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Armand Company has the following projected costs for manufacturing and seling and administrative expenses mck the scos to view the picted costs) Prepare a schedule of cash payments for Armand for January February, and March Determine the balances in Prepaid Property Taxes. A an tout hd is not used in the table leave the input field empty, do not enter a zero) Cash Payments Direct Materials January Dract matchen pad Fabry pathan padin March Total payments for direct materials Dvect Labor Total payments for direct labor January February March Total cors Data table Direct materials purchases Direct labor costs Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries January February 3.300 $ 2.000 Print 1 000 550 150 100 050 180 3.500 4,400 S 3,000 000 Done 550 150 500 050 180 3.500 March 4,400 4,200 000 550 150 500 All costs are paid in month incuned except deect materials, which are paid in the month following the purchase, uties, which are paid in the month after incurred, and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Usibes Payable accounts have a zero balance on January 1 650 180 3.500

Armand Company has the following projected costs for manufacturing and seling and administrative expenses mck the scos to view the picted costs) Prepare a schedule of cash payments for Armand for January February, and March Determine the balances in Prepaid Property Taxes. A an tout hd is not used in the table leave the input field empty, do not enter a zero) Cash Payments Direct Materials January Dract matchen pad Fabry pathan padin March Total payments for direct materials Dvect Labor Total payments for direct labor January February March Total cors Data table Direct materials purchases Direct labor costs Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries January February 3.300 $ 2.000 Print 1 000 550 150 100 050 180 3.500 4,400 S 3,000 000 Done 550 150 500 050 180 3.500 March 4,400 4,200 000 550 150 500 All costs are paid in month incuned except deect materials, which are paid in the month following the purchase, uties, which are paid in the month after incurred, and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Usibes Payable accounts have a zero balance on January 1 650 180 3.500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Amand Company has the following projected costs for manufacturing and seling and administrative expenses (Click the icon to view the pitclud costs) Prepare a schedule of cash payments for Armand for January February, and March Determine the balances in Prepaid Property Taxes. A an rout field is not used in the table leave the input field empty, do not enter a zero) Cash Payments Direct Materials Juary-Drect matus padary Total payments for direct materials Direct Labor Tatal payments for direct labor January February March Total em Data table Direct materials purchases Direct labor costs Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries January February Print $ 3.300 $ 4,400 S 2.900 3,000 000 550 150 500 050 180 3.500 100 Done 550 150 500 650 180 3.500 All costs are pad in month incuned except deect materiais, which are paid in the month following the purchase, utibes, which are paid in the month after incurred, and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Usites Payable accounts have a zero balance on January 1 March 4,400 4,200 600 550 150 500 650 180 3.500
Transcribed Image Text:Amand Company has the following projected costs for manufacturing and seling and administrative expenses (Click the icon to view the pitclud costs) Prepare a schedule of cash payments for Armand for January February, and March Determine the balances in Prepaid Property Taxes. A an rout field is not used in the table leave the input field empty, do not enter a zero) Cash Payments Direct Materials Juary-Drect matus padary Total payments for direct materials Direct Labor Tatal payments for direct labor January February March Total em Data table Direct materials purchases Direct labor costs Depreciation on plant Utilities for plant Property taxes on plant Depreciation on office Utilities for office Property taxes on office Office salaries January February Print $ 3.300 $ 4,400 S 2.900 3,000 000 550 150 500 050 180 3.500 100 Done 550 150 500 650 180 3.500 All costs are pad in month incuned except deect materiais, which are paid in the month following the purchase, utibes, which are paid in the month after incurred, and property taxes, which are prepaid for the year on January 2. The Accounts Payable and Usites Payable accounts have a zero balance on January 1 March 4,400 4,200 600 550 150 500 650 180 3.500
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