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Which would not appear on an income statement

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Reference no: EM132774628

Problem 1: Which of the following would not appear on an income statement?

a. Cost of goods sold

b. Sales revenue

c. Insurance expense

d. Accounts receivable

Problem 2: Which of the following includes only current assets?

a. Cash, land, accounts receivable, inventory

b. Accounts receivable, cash, furniture, office supplies

c. Accounts receivable, cash, inventory, office supplies

d. Cash, accounts payable, inventory, office supplies

Reference no: EM132774628

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