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How should expenses be categorized on the income statement

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Reference no: EM132998872

Problem 1: Jeremy's business has incurred some expenses that have nothing to do with the company's main (core) business. How should these expenses be categorized on the income statement?

Group of answer choices

Option 1: General and Administrative Expenses

Option 2: Sales and Distribution Expenses

Option 3: Other Expenses

Option 4: Depreciation

 

Reference no: EM132998872

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