Interest expense is on a merchandise company's income statement under the heading:
A)Daily Expenses.
B)Operating Expenses.
C)Borrowing Expenses.
D)Other Expenses or Interest Expense.

Question

Quizplus · Accepted Answer

Interest expense is typically listed under "Other Expenses" or specifically as "Interest Expense" on a merchandise company's income statement, as it is not directly related to the core operations of the business.

Interest Expense Is on a Merchandise Company's Income Statement Under