Solved

Examples of Nonoperating Items That Would Appear on an Income

Question 86

Multiple Choice

Examples of nonoperating items that would appear on an income statement are:


A) Interest income, sales salaries, gain on sale of land.
B) Income taxes, interest expense, loss on sale of investments.
C) Interest expense, gain on sale of equipment, loss on sale of investments.
D) Depreciation expense, interest income, interest expense.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions