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If 'Other Expenses' in the Profit and Loss Report Is

Question 43

Multiple Choice

If 'other expenses' in the profit and loss report is $35,000 including $8,000 of depreciation, accrued 'other expenses' at the beginning of the year is $1,000 and $0 at the end of the year, the figure for 'other expenses' that will appear in the statement of cash flows for the year is:


A) $25,000.
B) $28,000.
C) $32,000.
D) $33,000.

Correct Answer:

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