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The following details have been extracted from the budget of a merchandising company.
Commissions and salaries expenses are paid 50% in the month to which they are incurred and the balance in the next month.
Rent and miscellaneous expenses are paid as and when they occur.Insurance is prepaid at the beginning of the quarter.Calculate cash payments for the selling and administrative expenses for the first quarter of the next year.
Voluntary
Actions or decisions made by an individual that are done consciously and by choice, without external coercion.
Involuntary
Refers to actions or reactions performed without conscious control, often as a reflex or automatic response.
Sensation And Perception
The processes where sensation involves detecting physical energy from the environment and converting it into neural signals, and perception interprets these signals as meaningful objects and events.
Learning
Learning is the process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences, often as a result of study, experience, or teaching.
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