17. General and administrative costs paid in cash totaled $100,000 this period. In addition, administrative salaries of
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17. General and administrative costs paid in cash totaled $100,000 this period. In addition, administrative salaries of $75,000 were accrued, and depreciation on office equipment was $24,000.
Selling expenses were $50,000, all on account.
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Mastering Managerial Accounting Key Concepts Through Problem Sets
ISBN: 9781626611184
1st Edition
Authors: Christine Denison
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