Which of the following items is not reported as an expense on the income statement?

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answerhappygod
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Which of the following items is not reported as an expense on the income statement?

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A) Interest expense.
B) Dividends paid.
C) Selling, general, and administrative expenses.
D) Cost of goods sold.
Answer: B
Explanation: Interest expense, selling, general and administrative expenses, and cost of goods
sold are all reported as expenses on the income statement. Dividends paid is not an expense.
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