Which of the following accounts will not be found on a firm's income statement?

Question

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Deferred taxes are not typically found on a firm's income statement, but are instead listed on the balance sheet as a liability or asset. Selling, general, and administrative expenses and depreciation expense are commonly found on an income statement. Deferred taxes are typically reported on a firm's balance sheet, not the income statement. Selling, general, and administrative expenses and depreciation expense are both commonly found on a firm's income statement.

Which of the Following Accounts Will Not Be Found on a Firm's