8. Calculating Operating Expenses For the month of August, the following expenses occurred for a 6-unit...
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8. Calculating Operating Expenses For the month of August, the following expenses occurred for a 6-unit office building: Expense Amount Water and Sewer Bill $300 Electric Bill $475 Reserve Amount for future New Roof and $375 Parking Lot Re-surface Plumber for Plumbing Repairs in unit #3 Monthly Mortgage Payment Elevator Maintenance Depreciation (Cost Recovery) Office Supplies 9. 10. What is the cash flow before taxes? 11. $200 $2000 $300 $375 $100 What are the monthly operating expenses for August? Are there expenses listed not considered operating expenses? If so, list the non-operating expense(s)? 8. Calculating Operating Expenses For the month of August, the following expenses occurred for a 6-unit office building: Expense Amount Water and Sewer Bill $300 Electric Bill $475 Reserve Amount for future New Roof and $375 Parking Lot Re-surface Plumber for Plumbing Repairs in unit #3 Monthly Mortgage Payment Elevator Maintenance Depreciation (Cost Recovery) Office Supplies 9. 10. What is the cash flow before taxes? 11. $200 $2000 $300 $375 $100 What are the monthly operating expenses for August? Are there expenses listed not considered operating expenses? If so, list the non-operating expense(s)?
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
Posted Date:
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