Question: Using the data in PE 2-9, compute total expenses. Caution: Not all of the items listed should be included in the computation of total expenses.

Using the data in PE 2-9, compute total expenses. Caution: Not all of the items listed should be included in the computation of total expenses.

Data from PE 2-9

Cost of goods sold Interest revenue Advertising expense Cash Sales Wages payable ... Accounts receivable Retained earnin

Cost of goods sold Interest revenue Advertising expense Cash Sales Wages payable ... Accounts receivable Retained earnings Consulting revenue $ 325 1,050 5,800 $14,600 700 2,650 800 18,300 1,900

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