What will be the total office expense?a.47800b.60700c.48500d.All the options are wrong e.26700 The following balances are related to XYX LLC.Bank BalanceReturn InwardsSales16,000 Purchases1950004,000 Direct Wages18000425,000 Carriage Inwards35000Rent Received20,100 Return Outwards16000Interest Revenue15,600 office Expense15,000 office EquipmentMaintenance19,500Office Rent60004,200 Sales PromotionExpenseSalesman Salary4500Internet ChargesOpening StockOffice Insurance Expense6,500800Advertising Expense1800085000Dividend Income18200Commission Income20400Closing Stock55,000

The office expenses are all the expenses that relate to office including office rent, telephone…

The following balances are related to XYX LLC . 16,000 Purchases 4,000 Direct Wages 425,000 Carriage Inwards Bank Balance 195000 Return Inwards 18000 Sales 35000 Rent Received Interest Revenue Office Rent 20,100 Return Outwards 15,600 office Expense 15,000 office Equipment Maintenance 4,200 Sales Promotion Expense 16000 19,500 6000 Salesman Salary 4500 Internet Charges Opening Stock Office Insurance Expense6,500 Dividend Income 800 Advertising Expense 18000 85000 18200 Commission Income 20400 Closing Stock 55,000

The following balances are related to XYX LLC . 16,000 Purchases 4,000 Direct Wages 425,000 Carriage Inwards Bank Balance 195000 Return Inwards 18000 Sales 35000 Rent Received Interest Revenue Office Rent 20,100 Return Outwards 15,600 office Expense 15,000 office Equipment Maintenance 4,200 Sales Promotion Expense 16000 19,500 6000 Salesman Salary 4500 Internet Charges Opening Stock Office Insurance Expense6,500 Dividend Income 800 Advertising Expense 18000 85000 18200 Commission Income 20400 Closing Stock 55,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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