College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN: 9781337280570
Author: Scott, Cathy J.
Publisher: South-Western College Pub
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Textbook Question
Chapter 12, Problem 3E

Identify each of the following items relating to sections of an income statement as Revenue from Sales (S), Cost of Goods Sold (CGS), Selling Expenses (SE), General Expenses (GE), Other Income (OI), or Other Expenses (OE).

  1. a. Utilities Expense
  2. b. Advertising Expense
  3. c. Purchases Discounts
  4. d. Sales Returns and Allowances
  5. e. Interest Income
  6. f. Freight In
  7. g. Depreciation Expense, Equipment
  8. h. Interest Expense
  9. i. Rent Expense
  10. j. Sales
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College Accounting (Book Only): A Career Approach

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