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-   -   Multi-step income statement (https://www.askmehelpdesk.com/showthread.php?t=358041)

  • May 26, 2009, 09:16 AM
    nvc220
    Multi-step income statement
    Where does Rent revenue go under on the multi-step income statement?
  • May 26, 2009, 10:20 AM
    ascalia

    Rent revenue usually appears under the Non-Operating Section (Other revenues or expenses category) on the income statement. For your info, rent revenue represents earnings for letting others use assets (building) owned by the business.

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