4. Where and on which financial statement is interest revenue reported ? a. On the...

50.1K

Verified Solution

Question

Accounting

4. Where and on which financial statement is interest revenue reported ?

a. On the income statement as Other Income

b. On the balance sheet under Retained Earnings

c. On the income statement under Revenue

d. On the retained earnings under Dividend

e. None of the above.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students