A couple of accounting questions?

Question

1. Indicate which one of the following would not appear on both a single-step income statement and a multiple-step income statement.
a. Gross profit
b. Operating expenses
c. Sales revenues
d. Cost of goods sold

2. A purchase invoice is a document that
a. provides support for goods purchased for cash.
b. provides evidence of incurred operating expenses.
c. provides evidence of credit purchases.
d. serves only as a customer receipt.

Answer 1

Best Answer - Chosen by Asker

1-b
2-b

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Asker's Comment:

thanks