All of the following are expense accounts except: ()
A: Rent expense.
B: Prepaid
Insurance.
C: Supplies
expense.
D: Depreciation
expense.
A: Rent expense.
B: Prepaid
Insurance.
C: Supplies
expense.
D: Depreciation
expense.
举一反三
- Advertising<br/>expense is usually collected as period expense. (<br/>)
- Which of the following is not a selling expense? A: Advertising expense. B: Office salaries expense. C: Freight-out. D: Store supplies consumed.
- Which of the following accounts is closed （ ）. A: Supplies B: Supplies Expense C: Prepaid Insurance D: Accounts Receivable
- The operating expense section of an income statement for a wholesaler would not include A: freight-out. B: utilities expense. C: cost of goods sold. D: insurance expense.
- All of the following are period costs except: A: a. advertising expense B: b. depreciation on office equipment C: c. indirect materials D: d. store supplies expense