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Indicate by use of the dropdown how each of the following items would be classified on a income statement. Classifications be used more than one
Indicate by use of the dropdown how each of the following items would be classified on a income statement. Classifications be used more than one time or not at all. Sales Returns Loss on sale of a strategic component of the business [Choose] Choose Selling, general, and administrative expenses Other items Sales revenues (net) Cost of goods sold Results from discontinued operations Not a determinant of net income Bad Debt Expense Dividends declared and paid to our shareholders during the current period [Choose ] Interest Expense [Choose ] The cost of commissions earned by the sales staff in the current period [Choose ]
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