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