Use the following list of balances for Paul's Guitar Shop to answer the following question. Guitar Sales 24,800, Depreciation expense 2,000, Wage expense 10,950, Rent 500, Music Lesson Revenue 3,000, Interest expense 500, Supplies expense 500, Utilities expense 400. What is the TOTAL value of EXPENSES? *

Respuesta :

Answer:

The Total Value of Expenses is $14,350

Step-by-step explanation:

AMOUNT

Depreciation Expense $ 2,000

Wage Expense $ 10,950

Interest Expense $ 500

Supplies Expense $ 500

Utility Expense $ 400

TOTAL $ 14,350