Which of the Following Are NOT Examples of Selling Expenses

question 51

Multiple Choice

Which of the following are NOT examples of selling expenses

• A) Sales Salary Expense
• B) Advertising Expense
• C) Delivery Expense
• D) Insurance Expense

---

Definitions:

General Journal

A ledger where double-entry accounting transactions are initially recorded, including details such as date, accounts affected, and amounts.

General Ledger

A comprehensive set of accounts that records all financial transactions of a business, used to prepare financial statements.

Inventory

The total amount of goods and materials a business holds for the purpose of resale or production.

Balance Sheet Column

Part of a financial statement that displays the company's assets, liabilities, and shareholders' equity at a specific point in time.