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What is the total selling expenses for 2020?

What is the total selling expenses for 2020?

FINANCIAL ACCOUNTING
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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What is the total selling expenses for 2020? 

AutoSave INTAC P... P Search Sign in File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v 10.5 - A A Aav A AaBbCcDc AaBbCcDc AaBbC AaBbCcC AaB AaBbccc AaBbCcD 1 Normal 1 No Spac. Heading 1 Arial LG Copy Paste & Replace S Format Painter B I U v ab x, x A- Iv A - Heading 2 Title Subtitle Subtle Em. A Select v Clipboard Font Paragraph Styles Editing I. 2. 1 1 • l •. 1. 2. 1 : 3. · 4. 5. 6 :L7: L 8. 1 : 9.1· 10 . I. 11 : 12 : L· 13 I. 14 . I · 15 . I 16 A 17 18. · 19 CBA Co.'s adjusted trial balance at December 31, 2020 included the following expense accounts: Advertising Loss on sale of trading securities Loss on sale of store equipment Rent for office space Freight out Sales salaries and commissions P500,000 30,000 20,000 360,000 150,000 400,000 15,000 Transportation in The sales department occupies one-half of the office space. Total selling expenses for 2020 must be P900,000 P1,050,000 P1,080,000 P1,230,000 (500k + 360k/1x2 +150k +400k) Answer not given Page 3 of 9 1076 words E English (Philippines) C Focus 150% 10:08 AM P O 9 G 4) ENG W 24/02/2021 9. . 18 · | · 17: |· 16 · | · 15 · | · 14 · 1 · 13 · | · 12 · L : 11· | |
Transcribed Image Text:AutoSave INTAC P... P Search Sign in File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v 10.5 - A A Aav A AaBbCcDc AaBbCcDc AaBbC AaBbCcC AaB AaBbccc AaBbCcD 1 Normal 1 No Spac. Heading 1 Arial LG Copy Paste & Replace S Format Painter B I U v ab x, x A- Iv A - Heading 2 Title Subtitle Subtle Em. A Select v Clipboard Font Paragraph Styles Editing I. 2. 1 1 • l •. 1. 2. 1 : 3. · 4. 5. 6 :L7: L 8. 1 : 9.1· 10 . I. 11 : 12 : L· 13 I. 14 . I · 15 . I 16 A 17 18. · 19 CBA Co.'s adjusted trial balance at December 31, 2020 included the following expense accounts: Advertising Loss on sale of trading securities Loss on sale of store equipment Rent for office space Freight out Sales salaries and commissions P500,000 30,000 20,000 360,000 150,000 400,000 15,000 Transportation in The sales department occupies one-half of the office space. Total selling expenses for 2020 must be P900,000 P1,050,000 P1,080,000 P1,230,000 (500k + 360k/1x2 +150k +400k) Answer not given Page 3 of 9 1076 words E English (Philippines) C Focus 150% 10:08 AM P O 9 G 4) ENG W 24/02/2021 9. . 18 · | · 17: |· 16 · | · 15 · | · 14 · 1 · 13 · | · 12 · L : 11· | |
AutoSave INTAC P... P Search Sign in File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v 10.5 - A A Aav A AaBbCcDc AaBbCcDc AaBbC AaBbCcC AaB AaBbccc AaBbCcD 1 Normal 1 No Spac. Heading 1 Arial LG Copy Paste & Replace S Format Painter B I U v ab x, x A- Iv A - Heading 2 Title Subtitle Subtle Em. A Select v Clipboard Font Paragraph Styles Editing I. 2. 1 1 • l •. 1. 2. 1 : 3. · 4. 5. 6 :L7: L 8. 1 : 9.1· 10 . I. 11 : 12 : L· 13 I. 14 . I · 15 . I 16 A 17 18. · 19 CBA Co.'s adjusted trial balance at December 31, 2020 included the following expense accounts: Advertising Loss on sale of trading securities Loss on sale of store equipment Rent for office space Freight out Sales salaries and commissions P500,000 30,000 20,000 360,000 150,000 400,000 15,000 Transportation in The sales department occupies one-half of the office space. Total selling expenses for 2020 must be P900,000 P1,050,000 P1,080,000 P1,230,000 (500k + 360k/1x2 +150k +400k) Answer not given Page 3 of 9 1076 words E English (Philippines) C Focus 150% 10:08 AM P O 9 G 4) ENG W 24/02/2021 9. . 18 · | · 17: |· 16 · | · 15 · | · 14 · 1 · 13 · | · 12 · L : 11· | |
Transcribed Image Text:AutoSave INTAC P... P Search Sign in File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v 10.5 - A A Aav A AaBbCcDc AaBbCcDc AaBbC AaBbCcC AaB AaBbccc AaBbCcD 1 Normal 1 No Spac. Heading 1 Arial LG Copy Paste & Replace S Format Painter B I U v ab x, x A- Iv A - Heading 2 Title Subtitle Subtle Em. A Select v Clipboard Font Paragraph Styles Editing I. 2. 1 1 • l •. 1. 2. 1 : 3. · 4. 5. 6 :L7: L 8. 1 : 9.1· 10 . I. 11 : 12 : L· 13 I. 14 . I · 15 . I 16 A 17 18. · 19 CBA Co.'s adjusted trial balance at December 31, 2020 included the following expense accounts: Advertising Loss on sale of trading securities Loss on sale of store equipment Rent for office space Freight out Sales salaries and commissions P500,000 30,000 20,000 360,000 150,000 400,000 15,000 Transportation in The sales department occupies one-half of the office space. Total selling expenses for 2020 must be P900,000 P1,050,000 P1,080,000 P1,230,000 (500k + 360k/1x2 +150k +400k) Answer not given Page 3 of 9 1076 words E English (Philippines) C Focus 150% 10:08 AM P O 9 G 4) ENG W 24/02/2021 9. . 18 · | · 17: |· 16 · | · 15 · | · 14 · 1 · 13 · | · 12 · L : 11· | |
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