Exercise 10

The company Nibbi AS paid various operating costs for NOK 6,250,000 (incl. VAT) in 20x1. During 20x1, the company paid various operating costs in advance for NOK 375,000 (incl. VAT) for 20x2. At the end of 20x1, the company had unpaid miscellaneous operating costs of NOK 250,000 (incl. VAT). Unpaid miscellaneous operating costs at the entrance to 20x1 were NOK 62,500 (incl. VAT).

What were entered as miscellaneous operating expenses in the company's income statement for 20x1?