The records for OTC Inc.showed the following for 20x2: Cash paid during the year on expenses,$4,000.
The amount of expense that should be reported on the income statement is: $__________________________.

Question

The records for OTC Inc.showed the following for 20x2:  Cash paid during the year on expenses,$4,000.
The amount of expense that should be reported on the income statement is: $__________________________.

Quizplus · Accepted Answer

The Answer of The records for OTC Inc.showed the following for 20x2:  Cash paid during the year on expenses,$4,000.
The amount of expense that should be reported on the income statement is: $__________________________.

The Records for OTC Inc