Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: Rent, depreciation, and salaries are examples of: (Points : 3) Current assets. Current liabilities. Owners' equity. Operating expenses.
A: Operating expenses.
Get an answer
Original conversation
User: The three important financial statements prepared by accountants are: (Points : 3) Ledger, journal, and trial balance. Cash budget, capital budget, and master budget. Revenue summary, expense summary, and consolidation statement. Balance sheet, income statement, and statement of cash flows.

User: . Net Profit refers to: (Points : 3) The result of deducting liabilities from the assets of the firm. The result of subtracting cost of goods sold from revenues. The result of deducting depreciation expense from revenues. The net earnings after the deduction of all expenses, including tax expense.

User: Rent, depreciation, and salaries are examples of: (Points : 3) Current assets. Current liabilities. Owners' equity. Operating expenses.

Weegy: Operating expenses.
mythmoh|Points 4829|

User: The LIFO method of inventory valuation bases the cost of goods sold on the cost of: (Points : 3) Merchandise that has been held in inventory for the longest period of time. Most recent merchandise purchased by the firm. Actual units customers purchased. Merchandise the firm acquired at the lowest cost



Weegy: Most recent merchandise purchased by the firm.
Expert answered|rickjames|Points 540|

Question
Asked 5/28/2012 1:01:11 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,526,928 questions answered
Popular Conversations
What is the primary mission of the Department of Homeland ...
Weegy: The primary mission of the Department of Homeland Security is " ensuring that the United States and its citizens ...
12/12/2017 7:12:59 AM| 4 Answers
This year, after a lengthy, noisy debate, they decided to take ...
Weegy: This year, after a lengthy, noisy debate, they decided to take separate vacations. This is a Simple Sentence. ...
12/10/2017 4:51:34 AM| 4 Answers
Which one of the following types of sentences gives a command or ...
Weegy: Do your work! The sentence above is an example of an IMPERATIVE sentence. User: Which one of the following ...
12/8/2017 6:12:32 AM| 3 Answers
A scientific _______ is a principle that describes the behavior of a ...
Weegy: A scientific LAW is a principle that describes the behavior of a natural phenomenon. User: The gradient of ...
12/4/2017 2:17:59 PM| 2 Answers
Shakespeare was born in London in 1564. User: Jonathan Swift ...
Weegy: Jonathan Swift wrote Gulliver's Travels. TRUE. User: Shelley's life was contrary to the ideas he explored in ...
12/13/2017 7:08:02 AM| 2 Answers
The American College of Sports Medicine (ACSM) recommends doing ...
Weegy: I thing adults should get at least 150 minutes of moderate-intensity exercise per week. [ Exercise ...
12/6/2017 9:19:04 AM| 2 Answers
Weegy Stuff
S
L
Points 91 [Total 107] Ratings 4 Comments 51 Invitations 0 Online
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 5 [Total 5] Ratings 0 Comments 5 Invitations 0 Offline
S
P
L
P
Points 1 [Total 166] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.