On the work sheet, the capital and drawing account balances are ...

[Chloeellawright]

On the work sheet, the capital and drawing account balances are extended to the Balance Sheet columns.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

If advertising expense of 112,500 is allocated on the basis of sales, the cost per cost driver rate would be ________.
 
  A) 0.15
  B) 0.11
  C) 0.10
  D) 0.13

[vboyd24]

Answer to Question 1

True

Answer to Question 2

Answer: C

[Chloeellawright]

Thanks for the timely response, appreciate it

[bigcheese9]

TYSM