Which of the following would not appear on a multiple-step budgeted income statement for a manufacturer?
A) gross profit
B) income tax expense
C) operating income
D) salaries payable

Question

Quizplus · Accepted Answer

Salaries payable is a liability account that relates to the balance sheet, not the income statement. The other three items are typically included on a multiple-step budgeted income statement for a manufacturer.

Which of the Following Would Not Appear on a Multiple-Step