Which of the following could be found on the income statement of a service company?
A) Rent expense
B) Cost of goods manufactured
C) Cost of goods sold
D) Manufacturing overhead

Question

Quizplus · Accepted Answer

Rent expense could be found on the income statement of a service company as it is a typical operating expense for many businesses, including those that provide services. Options B, C, and D are more commonly found on the income statement of a manufacturing company that produces and sells physical goods.

Which of the Following Could Be Found on the Income