Income Statement Categories - Ch 5
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16 October 2025
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24 Terms
Operating income of a held for sale division
Discontinued operations
Income tax expense
Income Tax Expense
Sales
Net sales
Dividends Revenue
Other items
Gain on sale of land
Other items
Utilities expense
Administrative expenses
Sales discount
Net sales
Sales commissions
Selling expenses
Loss from fire
Other items
Purchases
COGS
Loss on write down of held for sale division
Discontinued operations
Delivery expenses
Selling expense
Interest expense
Other items
Loss from write-off of obsolete inventory
Discontinued operations
Fair value loss on derivative hedge against future cash flows
Other comprehensive income
Gain on early extinguishment of debt
Other expenses
President’s salary
Administrative expenses
Repairs expenses
Administrative expenses
Advertising expense
Selling expenses
Loss on disposal of assets held for sale
Discontinued operations
Property taxes
Administrative expenses
Loss from strike
Other items
Gain on sale of equipment
Other items
Interest income
Other items