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All of the following questions have the same list to choose from Problem 2-2 The main section headings of the income statement are Classify the

All of the following questions have the same list to choose from

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Problem 2-2 The main section headings of the income statement are Classify the following descriptions under the appropriate headings. 1. Salaries and wages expense 2. Service Revenue 3. Insurance expense 4. Sales 5. Selling and administrative expenses 6.Depreciation expense 7. Supplies expense 8. Loss on disposal of plant assets 9. Interest revenue 10. Dividends revenue 11. Advertising expense 12. Gain on disposal of plant assets 13. Interest expense 14. Cost of goods sold 15. Gain on sale of investments Sales Service Revenue Operating Expenses Cost of Goods Sold Other Expenses Other Revenue

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