Which section of the multi-step income statement reports revenues and expenses related to secondary operations of the entity?
A) discontinued operations section
B) secondary section
C) non-operating section
D) operating section

Question

Quizplus · Accepted Answer

The non-operating section of a multi-step income statement reports revenues and expenses related to secondary operations, such as interest income, interest expense, and gains or losses from investments.

Which Section of the Multi-Step Income Statement Reports Revenues and Expenses