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 401 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?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Remedies for insomnia include increased physical exercise and time spent outdoors. Remedies for insomnia include increased physical exercise and time spent outdoors.
Qualifications of Certified Medical Administrative Specialist Qualifications of Certified Medical Administrative Specialist
An orange-red biohazard symbol indicates that bloodborne pathogens may be present, and items should ... An orange-red biohazard symbol indicates that bloodborne pathogens may be present, and items should ...
The parts of a prescription include the superscription, inscription, sig., and subscription. The parts of a prescription include the superscription, inscription, sig., and subscription.
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Video: Ventilation - phases and driving forces

For a complete list of videos, visit our video library