the total cash payments made by the business for the period amounted to 100,000 as follows: purchase of equipment for business use 50,000 salaries of the employee 25,000 water and electricity used in business 10,000 taxes and licenses used in business 15,000 how much is the operating expenses from these payments?

the total cash payments made by the business for the period amounted to 100,000 as follows: purchase of equipment for business use 50,000 salaries of the employee 25,000 water and electricity used in business 10,000 taxes and licenses used in business 15,000 how much is the operating expenses from these payments?

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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