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Author Question: On the work sheet, the capital and drawing account balances are extended to the Balance Sheet ... (Read 57 times)

Chloeellawright

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on: Jul 5, 2018
On the work sheet, the capital and drawing account balances are extended to the Balance Sheet columns.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

If advertising expense of 112,500 is allocated on the basis of sales, the cost per cost driver rate would be ________.
 
  A) 0.15
  B) 0.11
  C) 0.10
  D) 0.13


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vboyd24

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Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

Answer: C


Chloeellawright

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  • Posts: 588
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Excellent

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