How Many of These Expenses That Would Normally Appear in an Internally

question 56

Multiple Choice

How many of these expenses that would normally appear in an internally prepared income statement are required to be separately disclosed in an external statement prepared to conform to the requirements of the accounting standards?
Freight outwards
Printing and stationery expenses
Utilities expenses

• A) 0
• B) 1
• C) 2
• D) 3