A: freight-out.
B: utilities expense.
C: cost of goods sold.
D: insurance expense.
举一反三
- Merchandise inventory:（ ）。 A: neither is the cost of inventory that has been sold or is an expense on the income statement B: both is the cost of inventory that has been sold and is an expense on the income statement C: is an expense on the income statement D: is the cost of inventory that has been sold
- Which of the following is not a selling expense? A: Advertising expense. B: Office salaries expense. C: Freight-out. D: Store supplies consumed.
- Expenses are outflows of economic resources including cost of goods sold, selling, general and administrative expenses, tax expense, interest expense, etc.
- 名华慕课: Which of the following be included in period expense? Operating expense Administration expense Financial expense Production cost
- Cost of goods sold represents a cost, not an expense.
内容
- 0
Advertising<br/>expense is usually collected as period expense. (<br/>)
- 1
All of the following are expense accounts except: () A: Rent expense. B: Prepaid<br/>Insurance. C: Supplies<br/>expense. D: Depreciation<br/>expense.
- 2
Which of the following is not a true statement about a multiple-step income statement? A: Operating expenses are similar for merchandising and service enterprises. B: There may be a section for nonoperating activities. C: There may be a section for operating assets. D: There is a section for cost of goods sold.
- 3
Translate the following sentence into Chinese."A profit statement is also known as a profit and loss statement, an income statement, an income and expense statement or an operating statement."
- 4
Depreciation expense reduces operating income but does not require the use of cash.