Ask Experts Questions for FREE Help !
Ask
    keith6292's Avatar
    keith6292 Posts: 29, Reputation: 1
    New Member
     
    #1

    Aug 14, 2011, 12:24 PM
    Classified, multiple-step income statement
    When preparing an income statement "Depreciation Expense, Building" does this fall under "selling expense" or "general and administrative expense"?

Check out some similar questions!

Classified (multi-step) Income Statement, and Classified Balance Sheet [ 1 Answers ]

I am in Accounting and I have a question on a homework problem that wasn't covered in the discussion. A trial balance sheet was given and a Classified (multi-step) Income Statement and a Classified Balance Sheet need to be made. If you could help me figure out what points should be under each that...

Multi-Step Income Statement & Classified Balance Sheet Help! [ 1 Answers ]

Hi I'm new in studying accounting. I have quiz coming up tomorrow and I was wondering how I set up a Certified balance sheet and a multi-step income statement. The example we received was this. On may 1st, 2006 Jane Win began the Jane Win Co. which owns a business selling gift items. She ivested...

Multiple-step income statement in good form and retained earnings statement [ 1 Answers ]

Hi I would like someone to check to see if I did this correctly, if I did not then please help. Thanks The Problem is: The following pretax amounts pertain to River Corp. for the year ended December 31, 2008. Sales... $400,000 Operating Expenses... 84,000 Extraordinary gain... 30,000...

Multiple step income statement [ 1 Answers ]

Loss on discontinued operations, net of applicable tax of $2700. $5400 What does the net of applicable tax of $2700 mean, that you add or subtract it to the $5400 or do you not do anything.


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.