Which of the following is not reported as an operating expense on the income statement?
A) Salaries expense.
B) Rent expense.
C)Interest expense.
D)Cost of goods solD.Interest expense is the result of borrowing money and not of day-to-day operations of making and/or selling products and/or services. Therefore, interest expense is not listed as an operating expense.

Question

Quizplus · Accepted Answer

Interest expense is the result of borrowing money and not of day-to-day operations of making and/or selling products and/or services. Therefore, interest expense is not listed as an operating expense.

Which of the Following Is Not Reported as an Operating