Why is interest expense reported as a non-operating expense and not as an operating expense on a
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Why is interest expense reported as a non-operating expense and not as an operating expense on a multiple-step income statement?
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Interest expense is a nonoperating expense beca...View the full answer
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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