Multiple Choice
Which of the following is an operating expense?
A) Interest Expense
B) Purchases Returns and Allowances
C) Salaries Expense
D) Prepaid Insurance Expense
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q21: The income statement is prepared from the:<br>A)
Q22: Plant, Property and Equipment is usually listed:<br>A)
Q23: The goal of closing entries does NOT
Q24: Gross Profit equals:<br>A) Net sales - Net
Q25: Which of the following is NOT an
Q27: Which of the following adjustments may be
Q28: Prepare the closing entries from the following
Q29: In what category on a classified balance
Q30: In what category on a classified balance
Q31: Land is listed first under Plant, Property