the total cash payments made by the business for the period amounted to 100,000 as follows: purchase of equipment for business use 50,000 salaries of the employee 25,000 water and electricity used in business 10,000 taxes and licenses used in business 15,000 how much is the operating expenses from these payments?
the total cash payments made by the business for the period amounted to 100,000 as follows: purchase of equipment for business use 50,000 salaries of the employee 25,000 water and electricity used in business 10,000 taxes and licenses used in business 15,000 how much is the operating expenses from these payments?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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the total cash payments made by the business for the period amounted to 100,000 as follows:
purchase of equipment for business use 50,000
salaries of the employee 25,000
water and electricity used in business 10,000
taxes and licenses used in business 15,000
how much is the operating expenses from these payments?
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