Groucho Corp.reports operating expenses in two categories: (1)selling and (2)general and administrative.The adjusted trial balance at December 31, 2017 included the following accounts: One-half of the rented premises is occupied by the sales department.Groucho's total selling expenses for 2017 are
A)$520,000.
B)$440,000.
C)$410,000.
D)$350,000.

Question

Groucho Corp.reports operating expenses in two categories: (1)selling and (2)general and administrative.The adjusted trial balance at December 31, 2017 included the following accounts:  One-half of the rented premises is occupied by the sales department.Groucho's total selling expenses for 2017 are
A)$520,000. 
B)$440,000. 
C)$410,000. 
D)$350,000.

Quizplus · Accepted Answer

The Answer of Groucho Corp.reports operating expenses in two categories: (1)selling and (2)general and administrative.The adjusted trial balance at December 31, 2017 included the following accounts:  One-half of the rented premises is occupied by the sales department.Groucho's total selling expenses for 2017 are
A)$520,000. 
B)$440,000. 
C)$410,000. 
D)$350,000.