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Sales revenue 30,000 of 250,000 6,000 51,000 16,000 8,000 Inventory Advertising expense Equipment Administrative Salaries expense Shared-capital interest expense Cost of goods sold Sales retums
Sales revenue 30,000 of 250,000 6,000 51,000 16,000 8,000 Inventory Advertising expense Equipment Administrative Salaries expense Shared-capital interest expense Cost of goods sold Sales retums and allowances Cash Sales salaries expense Income taxes Rent revenue Depreciation of office equipment 10,000 200,000 20,000 tion 100,000 20,000 2,000 15,000 89,000 If this information was used to prepare an income statement Total Administrative Expenses should be: Select one: O a. 45,000 b. 20,000 ec. 26,000 O d. 35,000 e. 61,000
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