menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Survey of Accounting Study Set 7
  4. Exam
    Exam 8: Liabilities and Stockholders Equity
  5. Question
    Where Is Interest Expense Listed on the Income Statement
Solved

Where Is Interest Expense Listed on the Income Statement

Question 21

Question 21

Multiple Choice

Where is interest expense listed on the income statement?


A) Other expense section
B) Cost of merchandise sold
C) Operating expenses
D) Interest expense is listed on the balance sheet, not the income statement.

Correct Answer:

verifed

Verified

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

Related Questions

Q16: The par value of common stock is

Q18: The declaration of a stock dividend decreases

Q19: If 50,000 shares are authorized, 37,000 shares

Q20: Most employers are required to withhold a

Q22: An employee receives an hourly rate of

Q23: On November 21 of the current year,

Q25: The _ is determined by transactions between

Q26: On March 15, Silver Co.issued a $80,000,

Q136: The two main sources of stockholders' equity

Q181: Federal unemployment compensation taxes that are collected

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines