Which of the following items would not appear in an income statement?
A)Salaries expense.
B)Advertising expense.
C)Service revenue.
D)Cash.

Name: Which of the following items would not appear in an income statement? A)Salaries expense. B)Advertising expense. C)Service revenue. D)Cash.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

Income statements are used to report a company's revenues, expenses, gains, and losses. Cash is a balance sheet item and is not reported on an income statement.

Which of the Following Items Would Not Appear in an Income