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What else can I help you with?
Should investments be listed under expense or revenue in an income statement?
The money that you invest should be counted as an expense. The income from your investment would be considered revenue.
Is a realized loss on investment negative income or expense?
A realised loss on an investment is an expense
Where does interest expense in the income statement?
Interest expense is shown at debit side of income statement because it is an expense for business.
What is a contra expense?
A reduction of an expense on the income statement.
What statement have selling expense?
Profit and Loss Statement
Where is i reported in the financial statements?
Need more clarification: i = interest? (if expense: shown in income statement, under expenses. if revenue: shown in income statement, under revenues) i = investment? (is an asset, showin in the asset section of the balance sheet) i = income? ( shown in the income statement)
Is interest expense listed on the income statement as an operating expense?
yes
In an accounting classification what does the EEIC represent?
Element of Expense/Investment CodeElement of Expense Identification Code
Where do the Maintenance expense go on the financial statement?
Maintence Expense is just like any other expense and will be reported on the income statement and deducted from Gross Income to obtain Net Income...
What is another word for expenditure?
outgo, expense, investment.
Are human resources management costs to be considered an expense or an investment?
Human resources management is considered an investment. As such, it is an expense to the organization because no money is directly produced by the department.
What accounts can be found in income statement?
Accounts found on an Income Statement are : Cost of Sales, Sales Rev., Selling Expense and Wage Expense
