Which of the following items appears on the income statement

Which of the following items appears on the income statement before income before income taxes? OOther comprehensive income O Discontinued operations. O Comprehensive income. O Other revenues and gains.

Solution

The following items appear on the income statement before income before income taxes.

Other revenues and gains.

Explanation:-

If the company earns any income from activity other than the main or core operations it is called other revenues and gains. It will be shown in income statement before tax is deducted.