Which is operating expense? A) 632. General Administrative Expenses B) 689. Other Extraordinary Expenses and Losses C) 657. Rediscount Interest Expenses D) 660. Short Term Borrowing Expenses E) 654. Provision Expenses

Which is operating expense? A) 632. General Administrative Expenses B) 689. Other Extraordinary Expenses and Losses C) 657. Rediscount Interest Expenses D) 660. Short Term Borrowing Expenses E) 654. Provision Expenses

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.23E: Unusual income statement items Assume that the amount of each of the following items is material to...

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Concept explainers

Budgeted Income Statement

Accounting is the process of recording business-related financial transactions. The process of accounting involves summarizing and analyzing the transactions. The financial statements which are prepared in accounting contain a summary of the various transactions that took place within a certain accounting period. Book-keeping or accounting is one of the most important activities of any business.

Question

29 - Which is operating expense?
A) 632. General Administrative Expenses

B) 689. Other Extraordinary Expenses and Losses

C) 657. Rediscount Interest Expenses

D) 660. Short Term Borrowing Expenses

E) 654. Provision Expenses

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