Question

A company pays all selling expenses in the month incurred. Budget information includes: Administrative salaries: $50,000; Sales commissions: $20,000. Advertising: $10,000; Depreciation on store equipment: $25,000; Rent on administrative building: $30,000; Miscellaneous administrative expenses: $5,000. Total cash disbursements for general and administrative expenses is $ Do you know the answer?

Answer 1

$30,000

Step-by-step explanation:

Cash disbursements = Sales commissions + advertising

$20,000 + $10,000 = $30,000