Which of the following is $\bold{not}$ an expense and would $\bold{not}$ show on income statement?
A)Paying for supplies.
B)Paying a dividend.
C)Paying for electricity used by production equipment.
D)Paying wages for production workers.

Question

Quizplus · Accepted Answer

Paying a dividend is not considered an expense but a distribution of profits to shareholders and therefore does not appear on the income statement. Expenses related to operations, such as paying for supplies, electricity for production equipment, and wages for production workers, are included in the income statement.

Which of the Following Is not\bold{not}not An Expense and Would not\bold{not}not Show on Income Statement? A)Paying for Supplies

Which of the Following Is $\bold{not}$ An Expense and Would $\bold{not}$ Show on Income Statement?
A)Paying for Supplies