Selling expenses and general and administrative expenses


Selling Expenses and General and Administrative Expenses Operating expenses are subdivided between selling expenses and general and administrative expenses when a multiple-step income statement is prepared. Identify each of the following items as a selling expense (S) or general and administrative expense (G&A).

1. Advertising expense

2. Depreciation expense-store furniture and fixtures

3. Office rent expense

4. Office salaries expense

5. Store rent expense

6. Store salaries expense

7. Insurance expense

8. Supplies expense

9. Utilities expense

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Financial Accounting: Selling expenses and general and administrative expenses
Reference No:- TGS01262454

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