Your auto loan payments would be listed as an expense on the income statement.

Name: Your auto loan payments would be listed as an expense on the income statement.
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Question

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Auto loan payments are considered an expense because they represent a cost incurred in order to use the vehicle for business purposes or as a personal asset for the borrower. As such, they would be listed on the income statement as a operating expense or a financing expense, depending on the nature of the loan agreement.

Your Auto Loan Payments Would Be Listed as an Expense