Under which head following revenue items of a non-financial company will be classified or shown:
(ii) Revenue from Services Rendered;
(iii) Sale of Scrap;
(iv) Interest Earned on Loans; and
(v) Gain (profit) on Sale of Investments?
|Sales||Revenue from Operations|
|Revenue from services rendered||Revenue from Operations|
|Sale of scrap||Revenue from Operations|
|Interest earned or Loans||Other Income|
|Profit on Sale of Investment||Other Income|
Concept: Types of Financial Statements
Is there an error in this question or solution?