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Choose the best correct answer Selling Expenses may include the following accounts, except: Freight out costs Salaries of Salespersons Sales Returns and Allowances None of

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Choose the best correct answer Selling Expenses may include the following accounts, except: Freight out costs Salaries of Salespersons Sales Returns and Allowances None of the above A truck that is used in the company's operations is reported in the Current asset section of the balance sheet Property. Plant, & Equipment section of the Balance sheet Other asset section of the balance sheet None of the above Tradename. Trademark and Licenses are classified as: Intangible assets Current assets Other Assets None of the above Contra Accounts do not include: Premium on Bonds Payable Allowance for Doubtful Account Treasury Stock Mone of the above

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