Match each account name to the financial statement section (a-i) in which it would appear.
-Amortization Expense
A)Current assets
B)Fixed assets
C)Intangible assets
D)Current liability
E)Long-term liability
F)Owner's equity
G)Revenues
H)Operating expenses
I)Other revenue and expense

Question

Quizplus · Accepted Answer

Amortization Expense is considered an operating expense and thus would appear in the operating expenses section of the income statement.

Match Each Account Name to the Financial Statement Section (A-I)