Which of the following accounts will be found on the income statement?
A) inventory
B) work in process
C) finished goods
D) cost of goods sold

Name: Which of the following accounts will be found on the income statement? A) inventory B) work in process C) finished goods D) cost of goods sold
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Question

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Cost of goods sold is an expense account found on the income statement, while inventory, work in process and finished goods are all asset accounts found on the balance sheet.

Which of the Following Accounts Will Be Found on the Income