This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Selling and administrative expenses include which of the following income statement items? a. ... (Read 353 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jul 6, 2018
Selling and administrative expenses include which of the following income statement items?
 
  a. Salaries, insurance, interest.
  b. Salaries, rent, advertising.
  c. Rent, interest, cost of goods.
  d. Advertising, research & development, amortization.

Question 2

A special fund maintained to pay relatively small amounts for expenses, assets, or withdrawals is called a Petty Cash Fund.
 a. True
   b. False
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

True


Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
Reply #2 on: Jul 6, 2018
Correct answers!


flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jul 6, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and
Invasive species in Canada include (a) zebra mussels, Dreissena polymorpha, (b) sea lamprey, Petromy Invasive species in Canada include (a) zebra mussels, Dreissena polymorpha, (b) sea lamprey, Petromy
If you want to show differences between items at the same time, a bar graph is more effective than a If you want to show differences between items at the same time, a bar graph is more effective than a
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
How the Distribution of Education Affects the Distribution of Income How the Distribution of Education Affects the Distribution of Income
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Video: Neuron Structure Animation

For a complete list of videos, visit our video library