Which of the following line items appear on an income statement?
O Inventory
O Revenues
O Accounts Receivable
O Salaries and Wages Payable

Respuesta :

Revenues appear on an Income statement.

The income statement, which is often referred to as the profit and loss statement (P&L) or the statement of revenue and expense, primarily focuses on the company's revenue and expenses for a specific time period. Understanding how to study an income statement is the greatest approach to evaluating a business and choosing whether or not to invest. Total income is the sum of operating and non-operating income, and total expenses are the costs associated with both primary and auxiliary operations. Receipts are not revenue. Earned revenue is shown on the income statement. Cash receipts (cash paid in or received) are not.

An income statement offers useful information about a company's operations, managerial effectiveness, underperforming industries, and performance in comparison to competitors.

Learn more about Revenue and Income statements here

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