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Author Question: Selling and administrative expenses include which of the following income statement items? a. ... (Read 396 times)

Mollykgkg

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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



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flannelavenger

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Answer to Question 1

d

Answer to Question 2

True





 

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