How much cash will be needed to pay the following general and administrative expenses? Advertising expense £4,500 Execut
Posted: Sun Jul 03, 2022 3:44 pm
How much cash will be needed to pay the followinggeneral and administrative expenses?
Advertising expense
£4,500
Executives' salaries expense
10,000
Depreciation expense
5,250
Amortization of patent
1,225
Interest expense
750
Total
£21,725
a. £21,725
b. £20,500
c. £15,250
d. none of the offered answers is true
Advertising expense
£4,500
Executives' salaries expense
10,000
Depreciation expense
5,250
Amortization of patent
1,225
Interest expense
750
Total
£21,725
a. £21,725
b. £20,500
c. £15,250
d. none of the offered answers is true