Question
Which of the following expenses incurred by a department store is an indirect expense? a. Insurance on merchandise inventory b. Sales salaries c. Depreciation on
a. Insurance on merchandise inventory
b. Sales salaries
c. Depreciation on store equipment
d. Salary of vice-president of finance
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Income Tax Fundamentals 2015
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
33rd Edition
9781305177772, 128543952X, 1305177770, 978-1285439525
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