All of the following are income statement items except:
A) accrued expenses.
B) depreciation expense.
C) cost of goods sold.
D) interest expense.

Question

Quizplus · Accepted Answer

Accrued expenses are items that have not yet been recorded as expenses on the income statement, but are owed by the company. The other choices (B, C, and D) are all expenses that are typically reported on the income statement.

All of the Following Are Income Statement Items Except