Which of the following items would not be reported on a multiple-step income statement after income from operations?
A)income taxes
B)interest income
C)selling expenses
D)interest expense

Question

Quizplus · Accepted Answer

Selling expenses are reported as part of operating expenses, not after income from operations. Income taxes, interest income, and interest expense are typically reported after income from operations on a multiple-step income statement.

Which of the Following Items Would Not Be Reported on a Multiple-Step