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A. Net sales B. Cost of goods sold C. Operating expenses D. Other revenues and gains E. Other expenses and losses F. Income taxes on
A. Net sales B. Cost of goods sold C. Operating expenses D. Other revenues and gains E. Other expenses and losses F. Income taxes on continuing operations G. Discontinued operations H. Extraordinary items I. Cumulative effects of changes in accounting principle:s J. Not reported in income statement or statement of retained earnings Determine whether each of the following items should be included as a component of income, reported in the statement of retained earnings, or not reported in either the income statement or the statement of retained earnings. 1. Interest Revenue 2. Sales Returns & 3. Loss on Sale of Investments Allowances Accumulated Depreciation - Machinery & Equipment Advertising Expense Segment Revenue 4. 5. 6. Loss from Operations of Discontinued 7. Doubtful Accounts Expense 9. Interest Expense -_-8. Dividend 10. Purchases
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