Selling Expenses and General and Administrative Expenses Operating expenses are subdivided between selling expenses and general and administrative expenses when a multiple-step income statement is prepared. Identify each of the following items as a selling expense (S) or general and administrative expense (G&A).
________ 1. Advertising expense
________ 2. Depreciation expense—store furniture and fixtures
________ 3. Office rent expense
________ 4. Office salaries expense
________ 5. Store rent expense
________ 6. Store salaries expense
________ 7. Insurance expense
________ 8. Supplies expense
________ 9. Utilities expense