Which of the Following Would Be Reported on the Income

question 80

Multiple Choice

Which of the following would be reported on the income statement for 2005?

• A)Supplies that were purchased and used in 2004 but paid for in 2005.
• B)Dividends that were paid in 2005.
• C)Supplies that were purchased and used in 2005 but paid for in 2004.
• D)All of the choices are correct.