The items in the "statement of profit and loss", for the Revenue from operations DON'T include: If it is a non-finance company. |
Sale of products Interest income Sale of services Other operating revenues |
Interest income |
The correct answer is Option 2: Interest income For a non-finance company, "Revenue from operations" includes the sale of products, sale of services, and other operating revenues. However, interest income is not considered part of operating revenue for such companies; it is shown under "Other Income". |