Interest expense appears in which financial statement?
A) Statement of stockholders' equity
B) Balance sheet
C) Income statement
D) Statement of cash flows
E) All of the above

Name: Interest expense appears in which financial statement? A) Statement of stockholders' equity B) Balance sheet C) Income statement D) Statement of cash flows E) All of the above
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Question

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Interest expense is reported on the income statement as it is a cost incurred by a company for borrowed funds.

Interest Expense Appears in Which Financial Statement