Reference no: EM132883195
Consider the following for the sports club Sar Ajevo:
- The club is preparing it expenses budget for the September Quarter. All cash expenses are paid for in the month that they are incurred unless otherwise stated. All expected expenses below are quoted excluding GST.
- Sporting trophies are expected to cost $2,431 in July, $2,875 in August and $1,568 in September.
- The club pays $340 per month for the telephone and internet.
- Electricity and gas are billed every three months. The electricity and gas bill for the June quarter is estimated at $1,100 and is due for payment in July.
- Other operating expenses amount to $6,400 per month.
Problem 1: Based on this information, the total expense budget for these expenses for the months of July, August and September respectively will be:
Select one:
a. Jul $10,271, Aug $9,615 and Sep $8,308
b. Jul $2,575, Aug $3,215 and Sep $1,908.
c. Jul $3,871, Aug $3,215 and Sep $1,908
d. Jul $9,171, Aug $9,615 and Sep $8,308
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