Which is the CORRECT order for items to appear on the income statement?
A)revenues,operating expenses,net income
B)cost of goods sold,revenues,net income
C)revenues,net income,operating expenses
D)interest expense,revenues,income from operations

Question

Quizplus · Accepted Answer

The correct order for items on an income statement is revenues, then operating expenses, and finally net income. Cost of goods sold is included within operating expenses. Interest expense is typically reported after income from operations.

Which Is the CORRECT Order for Items to Appear on the Income