Which of the following doesn’t usually appear on the income statement? A. Cost of goods sold...

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Which of the following doesn’t usually appear on the income statement? A. Cost of goods sold...

Which of the following doesn’t usually appear on the income statement?

	A.	Cost of goods sold
	B.	Net income
	C.	Advertising expense
	D.	Orders
	E.	Revenue

business accounting

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Answer 1

Answer #1

Answer: D) Orders

Orders are not Appeared on to the Income Statement.

Income Statement Constitutes the Revenues and all the Expenses and Net Operating income and Net income. Order is not a Revenue item. If an order is converted into Sales Revenue then sales Revenue will enter into the Income Statement, not the Orders.

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Answer 2

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