Accumulated depreciation would never be reported in the income statement as and expense.
举一反三
- Accumulated depreciation would never be reported in the income statement as and expense. A: 正确 B: 错误
- The operating expense section of an income statement for a wholesaler would not include A: freight-out. B: utilities expense. C: cost of goods sold. D: insurance expense.
- Depreciation expense is not reported on a statement of cash flows prepared under the direct method.
- Depreciation expense is not reported on a statement of cash flows prepared under the direct method. A: 正确 B: 错误
- Which of the following accounts is not closed? A: Accumulated Depreciation B: Interest Revenue C: Depreciation Expense D: Dividends