Which of the following would appear on a selling and administrative expense budget,but would not appear on a schedule of cash payments for selling and administrative expenses?
A) Cost of goods sold
B) Depreciation expense
C) Salary expense
D) Sales expense

Question

Quizplus · Accepted Answer

Depreciation expense is a non-cash expense that represents the portion of the cost of assets used up during the accounting period. It is included in the selling and administrative expense budget as it is an operating expense, but it would not appear on a schedule of cash payments as no cash is actually paid out for depreciation. The other options, such as cost of goods sold, salary expense, and sales expense, are all cash payments that would be included on a schedule of cash payments for selling and administrative expenses.

Which of the Following Would Appear on a Selling and Administrative