Some income or expense transactions are unusual and do not reflect the normal business of the...

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Finance

Some income or expense transactions are unusual and do notreflect the normal business of the company. These are captured inan Other (unusual income or expenses) line (or something similarlylabeled) in the income statement. For example, a brokerage fee forthe sale of common stock would not be a normal operating expensefor a manufacturer.

Which of the following transactions would also be included in theOther (unusual income or expenses) line?
Select: 1
Depreciate the value of the plant by $2,180,000.
Sell used plant and equipment with a depreciated value of$32,700,000 for $35,970,000.
Increase Accounts Payable by $3,270,000.
Build $21,800,000 in inventory.

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Some income or expense transactions are unusual and do notreflect the normal business of the company. These are captured inan Other (unusual income or expenses) line (or something similarlylabeled) in the income statement. For example, a brokerage fee forthe sale of common stock would not be a normal operating expensefor a manufacturer.Which of the following transactions would also be included in theOther (unusual income or expenses) line?Select: 1Depreciate the value of the plant by $2,180,000.Sell used plant and equipment with a depreciated value of$32,700,000 for $35,970,000.Increase Accounts Payable by $3,270,000.Build $21,800,000 in inventory.

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