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Which of the following costs should be recorded as an expense, and why?

A. Administrative employee salaries

B. Depreciation of manufacturing equipment

C. Insurance for the factory building

D. All of these are expenses

Which of the following costs should not be recorded as an expense, and why?

A. Insurance on factory building

B. Sales commissions

C. Product shipping costs

D. Product advertising

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91961016

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