How many of these expenses that would normally appear in an internally prepared profit and loss statement are required to be separately disclosed in an external statement prepared to conform to the requirements of the accounting standards?
.Salaries and wages
.Internet service provider fees
.Cleaning
.Security fees

Question

Quizplus · Accepted Answer

Only the salaries and wages expense is required to be separately disclosed in an external statement prepared to conform to accounting standards. The other expenses, such as internet service provider fees, cleaning, and security fees, would likely be included as part of a broader expense category (such as "other operating expenses").

How Many of These Expenses That Would Normally Appear in an Internally