Question 9 7 pts Which of the following occur from peripheral or incidental transactions? Sales revenue Cost of goods so

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Question 9 7 Pts Which Of The Following Occur From Peripheral Or Incidental Transactions Sales Revenue Cost Of Goods So 1 (48.32 KiB) Viewed 154 times

Question 9 7 pts Which of the following occur from peripheral or incidental transactions? Sales revenue Cost of goods sold o o Gain on the sale of equipment Operating expenses Question 10 7 pts Making and collecting loans and disposing of property, plant, and equipment are Liquidity activities Financing activities O Investing activities Operating activities > Question 11 6 pts Normal and recurring items presented on the income statement under the current operating performance concept are also referred to as "sustainable income." True False