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19. On the multi-step income statement, how is Interest Expense classified? A. Costs of Goods Sold. B. Revenue. Operating ExpQUESTION 20 Blue Company purchased merchandise inventory that cost $74,000 under the terms of 2/10 and FOB shipping point. ThQUESTION 21 Blue Company purchased merchandise inventory that cost $74,000 under the terms of 2/10 and FOB shipping point. Th

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Answer(19) Option(D) is the correct answer. Reason: Interest Expense classified under Non operating items in multi step incom

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