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    Serendipity3's Avatar
    Serendipity3 Posts: 6, Reputation: 0
    New Member
    		  
    #1

    Dec 11, 2007, 09:42 AM
    Fianancial Reporting
    Hi again,

    I need some help on another question please.

    If I am slotting these revenues and expenses, gains and losses where should they
    Be reported on a multiple-step income statement?

    Item Oper. Section Below the Not on the
    Operating Section Income Statement

    Depreciation Expense

    Gain on discontinued
    Operations

    Loss on currency translation

    Credit sales

    Interest income


    Thanks for your help in advance.
    Smith21000's Avatar
    Smith21000 Posts: 69, Reputation: 9
    Junior Member
    		  
    #2

    Dec 11, 2007, 12:57 PM
    See if this link helps: Online Accounting Course | Income Statement (4)
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