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Using the following information from Dutch John Company, compute cash paid for operating expenses. Operating Expenses: Depreciation $10,000 Insurance 7,500 Wage 14,600 Total Operating Expenses
Using the following information from Dutch John Company, compute cash paid for operating expenses. Operating Expenses: Depreciation $10,000 Insurance 7,500 Wage 14,600 Total Operating Expenses $32,100 End of Year Beginning of Year Prepaid insurance $1,500 $1,430 Wages payable 600 750 $22,180 $12,320 $22,320 $32,320
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