Explain where each of the following items would appear on an income statement: (a) Gain on sale

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Explain where each of the following items would appear on an income statement: 

(a) Gain on sale of equipment, 

(b) Interest expense, 

(c) Casualty loss from vandalism,
(d) Cost of goods sold, and 

(e) Depreciation expense.

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Financial Accounting IFRS

ISBN: 978-1118285909

2nd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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