iitanox8682 iitanox8682
  • 01-04-2020
  • Business
contestada

Interest expense would be classified on a multiple-step income statement under the heading

Respuesta :

Zviko
Zviko Zviko
  • 03-04-2020

Answer:

Non-Operating Expenses

Explanation:

The multiple-step income statement reports separately Incomes derived from Primary Activities of the Company commonly known as Operating Income and Incomes derived from Secondary activities of the Company known as Non-Operating Income.

Interest expense is part of secondary activities of the company and thus classified under Non-Operating Expenses.

Answer Link

Otras preguntas

find the circumference of a circle whose radius is 15.4cm
All of the following expressions have a value between 0 and 1, excepta. \frac{(-3^{7})}{(-3)^9}b. 4^{-10}× 4^{6}c. \frac{(8^3)^3}{8^{-4}} d. ( \frac{2}{5} ^{8})
In scientific notation, what is the sum of 2.3 times 10^{-3} and 5.4 times 10^{-4}?a. 2.84 times 10^{-3}b. 5.63 times 10^{-3}c. 7.7 times 10^{-7}d. 12.42 times
find the circumference of a circle whose radius is 15.4cm
What value of x makes the equation true ? 4(2x-4)=16
What value of x makes the equation true ? 4(2x-4)=16
jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music
find the circumference of a circle whose radius is 15.4cm
In scientific notation, what is the sum of 2.3 times 10^{-3} and 5.4 times 10^{-4}?a. 2.84 times 10^{-3}b. 5.63 times 10^{-3}c. 7.7 times 10^{-7}d. 12.42 times
What value of x makes the equation true ? 4(2x-4)=16