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AICPA Exam CPA-Financial Topic 2 Question 46 Discussion
Actual exam question for
AICPA's
CPA-Financial exam
Question #: 46
Topic #: 2
[All CPA-Financial Questions]
Topic #: 2
Brock Corp. reports operating expenses in two categories: (1) selling and (2) general and administrative.
The adjusted trial balance at December 31, 1989 included the following expense and loss accounts:
One-half of the rented premises is occupied by the sales department. Brock's total selling expenses for 1989 are:
Suggested Answer:
A
Note: Only one-half of rent for office space was used for sales office.
Choice 'a' is correct. $480,000.
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