Examlex
Which of the following is not a subsection in a multiple-step income statement?
Capital Expenditure
Long-term investment spent on acquiring or maintaining fixed assets, such as equipment, buildings, or land.
Company Truck
A vehicle owned by a business, used for the company's operations or logistical needs.
Company Car
A vehicle provided by a company for the business and sometimes personal use of its employees.
Units-of-Activity Method
A depreciation method that calculates an asset's expense based on its usage, activities, or units of production, rather than the passage of time.
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