All of the Following Can Be Found on an Statement

question 35

Multiple Choice

All of the following can be found on an Statement of Income except

• A)Interest expense.
• B)Depreciation expense.
• C)Prepaid rent expense.
• D)Other income.

Prepare and correct trial balances ensuring they reflect the normal balance of accounts accurately.

Journalize various types of business transactions and understand the impact on the financial statements.

Understand the process and importance of recording financial transactions accurately.

Identify and correct errors that can cause a trial balance to not balance.