1 answer

Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inc. is planning itss cash...

Question:

Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inc. is planning itss cash payments for operations

Schedule of Cash Payments for a Service Company EastGate Physical Therapy Inc. is planning itss cash payments for operations for the first quarter (January-March). The Accrued Expenses Payable balance on January 1 is $30,500. The budgeted expenses for the next three months are as follows: March February January $94,600 Salaries $70,200 $85,400 Utilities 5,800 6,400 7,600 Other operating expenses 58,200 53,400 64,100 $129,400 $150,000 $166,300 Total Other operating expenses include $3,800 of monthly depreciation expense and $900 of monthly insurance expense that was prepaid for the year on May 1 of the previous year. Of the remaining expenses, 65% 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 1 relates to the expenses incurred in December. Prepare a schedule of cash payments for operations for January, February, and March. Enter all amounts as positive numbers. EastGate Physical Therapy Inc. Schedule of Cash Payments for Operations For the Three Months Ending March 31 February March January Payments of prior month's expense $ 3,800 30,500 Payments of current month's expense Total

Answers

Particulars 2 Total budgeted expenses 3 Less: Depreciation 4 Less: Monthly inusrance 5 Total cash expenses January February M

А 1 Particulars 2 Total budgeted expenses 3 Less: Depreciation 4 Less: Monthly inusrance 5 Total cash expenses January Februa

.

Similar Solved Questions

1 answer
Complete the following equation for acid-base reactions. If there is no reaction, write N.R. CH3CH2CH2CH2 CH3CH20H...
Complete the following equation for acid-base reactions. If there is no reaction, write N.R. CH3CH2CH2CH2 CH3CH20H a....
1 answer
Solve the equation by expressing each side as a power of the same base and then equating exponents 3125^x=1/square root 5
solve the equation by expressing each side as a power of the same base and then equating exponents3125^x=1/square root 5...
1 answer
A uniformly charged ring of radius 10.0 cm has a total charge of 58.0 uC Find...
A uniformly charged ring of radius 10.0 cm has a total charge of 58.0 uC Find the electric field on the axis of the ring at the following distances from the center of the ring. (Choose the x-axis to point along the axis of the ring.) (a) 1.00 cm (b) 5.00 cm (c) 30.0 cm i MN/C (d) 100 cnm...
1 answer
How is the reaction equilibrium of the following reaction affected by the change in temperature? Explain....
How is the reaction equilibrium of the following reaction affected by the change in temperature? Explain. A + 2B C+D AH = -250 KJ. mol-'...
1 answer
Problem 2.Consider the following square plate arrangements (top view) with boundary layer flow Compared to the...
Problem 2.Consider the following square plate arrangements (top view) with boundary layer flow Compared to the friction drag of a single plate 1, (1) how much larger is the drag of four plates together as in configuration (a) and (b)? Assume that the boundary layer flow is laminar in the entire surf...
1 answer
6. (1 pt) On the diagram of a p-n junction shown below, indicate the voltage polarity,+...
6. (1 pt) On the diagram of a p-n junction shown below, indicate the voltage polarity,+ or - needed to turn the switch on permitting current to flow across the junction. 7. (2 pt) Which one of the following substances will have hydrogen bonding as one of its intermolecular forces? A) 0 0 HOHHH 1- C ...
1 answer
Hapter The 1o-minute unit hydrograph for a 0.86-mP watershed has 10-minute ordinates in dts/In of 134, 392, 475, 397,32...
hapter The 1o-minute unit hydrograph for a 0.86-mP watershed has 10-minute ordinates in dts/In of 134, 392, 475, 397,329, 273, 227, 188, 156, 129,107.89, 74, 61, 51, 42, 35, 29, 24, 10, 17,14.11. Determine the peaking coefficient Co for Snyder's method. The main channel length is 10,500 ft, and ...
1 answer
Determine Due Date and Interest on Notes Determine the due date and the amount of interest...
Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes: Date of Note Face Amount Interest Rate Term of Note January 5 120 days $92,000 6% а. b. February 15 18,000 4 30 days 65,000 45 days May 19 8 C. 33,600 d. August 20...
1 answer
Devise a synthesis for the following reactions 0H S OH s nnshq to elaylonbyrolbbs od nbnol...
Devise a synthesis for the following reactions 0H S OH s nnshq to elaylonbyrolbbs od nbnol aubo l s Br +0H...
1 answer
Current Attempt in Progress Using the appropriate interest table answer each of the following questions. Each...
Current Attempt in Progress Using the appropriate interest table answer each of the following questions. Each case is independent of the others.) (a) Click here to view factor tables What is the future value of $9,520 at the end of 5 periods at 8% compounded interest? (Round factor values to 5 decim...
1 answer
When a small amount of acid is added to a non-buffered solution, there is a large...
When a small amount of acid is added to a non-buffered solution, there is a large change in pH. Calculate the pH when 22.2 mL of 0.0020 M HCl is added to 100.0 mL of pure water. Comment and hint in the general feedback Answer:...
1 answer
You are considering making a movie. The movie is expected to cost $10.9 million up front...
You are considering making a movie. The movie is expected to cost $10.9 million up front and take a year to produce. After that, it is expected to make $4.1 million in the year it is released and $2.1 million for the following four years. What is the payback period of this investment? If you require...
1 answer
How were the mission, vision, and values similar to and different from your personal philosophy of...
How were the mission, vision, and values similar to and different from your personal philosophy of nursing and core values?...
1 answer
8) Does the following cell diagram represent at spontaneous process at 25°C? FeFe?' (0.15M)Cr(0.08M) Cr
8) Does the following cell diagram represent at spontaneous process at 25°C? FeFe?' (0.15M)Cr(0.08M) Cr...
1 answer
Indicate if the following statement is true or false and then provide a justification for your...
Indicate if the following statement is true or false and then provide a justification for your answer: A motor neuron and all the muscle cells that it stimulates are referred to as a motor end plate. T/F + Justification...
1 answer
1. Suppose a t-test of Ho = 0 versus H : 0 has a p-value= 0.068...
1. Suppose a t-test of Ho = 0 versus H : 0 has a p-value= 0.068 (a) If 11.2, what is the p-value for a t-test of Ho : u = 0 versus Ha i > 0? Draw a picture to support your answer. (b) If 11.2, what is the p-value for a t-test of Ho Draw a picture to support your answer. 0 versus Ha u > 0?...
1 answer
Given the significance level α=0.095 find the following: (a)    lower-tailed ?z value z= (b)    right-tailed ?z value z=...
Given the significance level α=0.095 find the following: (a)    lower-tailed ?z value z= (b)    right-tailed ?z value z= (c)    two-tailed ?z value |z|=...
1 answer
Find two functions fand g such that (fog)(x) = h(x). (There are many correct answers. Use...
Find two functions fand g such that (fog)(x) = h(x). (There are many correct answers. Use non-identity functions for f(x) and g(x).) h(x) = (4 – *)3 (f(x), g(x)) =...
1 answer
If #[MgCO_3(aq)]=4.5xx10^-3*mol*L^-1# under given conditions, what is #K_"sp"# #MgCO_3#?
If #[MgCO_3(aq)]=4.5xx10^-3*mol*L^-1# under given conditions, what is #K_"sp"# #MgCO_3#?...