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
A: a. advertising expense
B: b. depreciation on office equipment
C: c. indirect materials
D: d. store supplies expense
举一反三
- Which of the following is not a selling expense? A: Advertising expense. B: Office salaries expense. C: Freight-out. D: Store supplies consumed.
- All of the following are expense accounts except: () A: Rent expense. B: Prepaid<br/>Insurance. C: Supplies<br/>expense. D: Depreciation<br/>expense.
- Transaction e. Depreciation of office equipment for July, 2020 is $3,500.The correct adjusting entry is: A: Dr. Depreciation expense 3,500 Cr. Office equipment 3,500 B: Dr. Accumulated depreciaiton 3,500 Cr. Office equipment 3,500 C: Dr. Depreciation expense 3,500 Cr. Accumulated depreciation 3,500
- The following normal balances appear on the adjusted trial balance of Portland Company: Equipment ..........................................................$70,000Accumulated depreciation, equipment ................. 18,000Depreciation expense, equipment .........................6,000The book value of the equipment is A: $64,000 B: $46,000 C: $52,000 D: $34,000
- While preparing a statement of cash flows using the indirect method, the Depreciation Expense ________.