Activity 1
Directions. Identify if the following expense account of ABM Store is part of the general
and administrative expense or selling expense. On the space before the number, write
GAE if it is a general and administrative expense, SE if it is a selling expense and NA if it
is not either of the first two classifications.
1. Salaries of admin personnel
2. Cost of merchandise sold during the year
3. Salaries of janitors
4. Salaries of sales agents
5. Utilities of home office
6. Rent of office building
7. Depreciation of office equipment
8. Depreciation of delivery van
9. Advertising​