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Author Question: If administrative expense of 77,500 is allocated on the basis of number of employees, the amount ... (Read 105 times)

michelleunicorn

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on: Jul 5, 2018
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


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robbielu01

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

Answer: B

Answer to Question 2

True


michelleunicorn

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Reply 2 on: Jul 5, 2018
Excellent

okolip

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Reply 3 on: Yesterday
:D TYSM

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