The following account balances were taken from the books of ABC Company for the month of March. Utilities Expense P 45,100 Salaries Payable 10,900 Unearned Service Income 30,000 Prepaid Rent Expense 120,000 Salaries Expense 85,200 Office Supplies Expense 15,500 Accrued Interest Expense 3,750 Compute for the total expenses incurred by ABC Company for the month of March.
The following account balances were taken from the books of ABC Company for the month of March. Utilities Expense P 45,100 Salaries Payable 10,900 Unearned Service Income 30,000 Prepaid Rent Expense 120,000 Salaries Expense 85,200 Office Supplies Expense 15,500 Accrued Interest Expense 3,750 Compute for the total expenses incurred by ABC Company for the month of March.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Q34
Transcribed Image Text:The following account balances were taken from the books of ABC Company for the
month of March.
Utilities Expense
P 45,100
Salaries Payable
10,900
Unearned Service Income
30,000
Prepaid Rent Expense
120,000
Salaries Expense
85,200
Office Supplies Expense
15,500
Accrued Interest Expense
3,750
Compute for the total expenses incurred by ABC Company for the month of March.
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