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 395 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?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

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
The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
A typical bank statement. A typical bank statement.
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library