« previous next »

Author Question: Expenses that are incurred directly or entirely in connection with the sale of merchandise are ... (Read 129 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jul 5, 2018
Expenses that are incurred directly or entirely in connection with the sale of merchandise are classified as
 a. selling expenses
  b. general expenses
  c. other expenses
  d. administrative expenses

Question 2

Identify the appropriate financial statement for each of the items listed below. Some items may be found on more than one financial statement.
 
  a. Balance sheet
  b. Income statement
  c. Statement of changes in shareholders' equity
  d. Statement of cash flows
 
  _____ 1. Cash paid for supplies
  _____ 2. Net income
  _____ 3. Sales revenue
  _____ 4. Rent expense
  _____ 5. Inventory
  _____ 6. Retained earnings
  _____ 7. Cash received from customers
  _____ 8. Cash


epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

d, b and c, b, b, a, a and c, d, a and d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
Reply #2 on: Jul 5, 2018
Thank you


epscape

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Jul 5, 2018
No problemo


« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Brumbies awaiting their sale and new homes. Brumbies awaiting their sale and new homes.
Location of the Sinuses (Sphenoid Sinuses are Directly Behind Ethmoid Sinuses) Location of the Sinuses (Sphenoid Sinuses are Directly Behind Ethmoid Sinuses)
Pulse oximetry with the sensor probe applied securely, flush with skin, making sure that both sensor Pulse oximetry with the sensor probe applied securely, flush with skin, making sure that both sensor
(a) A turbidometry detector measures laser light directly across from the light source. The sample, ... (a) A turbidometry detector measures laser light directly across from the light source. The sample, ...
Vertebral column. Avoid heavy pressure directly over spinous processes. Vertebral column. Avoid heavy pressure directly over spinous processes.
Apply knee to chest stretch for posterior hip and leg muscles. Facing the table directly, place one ... Apply knee to chest stretch for posterior hip and leg muscles. Facing the table directly, place one ...
Video: What is Cholesterols? Introduction to Lipoproteins

For a complete list of videos, visit our video library