If administrative expense of 77,500 is allocated on the basis of ...

[michelleunicorn]

If administrative expense of 77,500 is allocated on the basis of number of employees, the amount allocated to the Car Rental Department would be ________.
 
  A) 47,387.50
  B) 48,437.50
  C) 46,877.50
  D) 49,247.50

Question 2

After the account balances have been extended from the Adjusted Trial Balance columns on the work sheet, the difference between the initial totals of the Balance Sheet debit and credit columns is Net Income or Net Loss.
 a. True
  b. False
 
   Indicate whether the statement is true or false

[robbielu01]

Answer to Question 1

Answer: B

Answer to Question 2

True

[michelleunicorn]

Gracias!

[ASDFGJLO]

TYSM