Kareem is writing and printing a check with QuickBooks for the first time. The check is for a subcontractor who did plumbing work for a contractor. What will he categorize as an indirect expense? Select an answer: the plumber's contract labor the administrative expenses involved the contractor's hourly rate

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter24: Multistate Corporate Taxation
Section: Chapter Questions
Problem 9DQ
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Kareem is writing and printing a check with QuickBooks for the first time. The check is for a subcontractor who did plumbing work for a contractor. What will he categorize as an indirect expense?

Select an answer:

  • the plumber's contract labor
  • the administrative expenses involved
  • the contractor's hourly rate
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