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Which of the following items is typically not included as a separate item after normal revenues and expenses?A) Loss due to an unusual and infrequent calamity.B) Expropriation of property by a foreign government.C) Condemnation of property by the city government.D) Write down of inventories.

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Write down of inventories  typically not included as a separate item after normal revenues and expenses.

What is meant  by revenues and expenses?

  • The term "revenue" refers to money made through selling a company's main products or services. An expense is a cost incurred during the production or provision of a core company operation.
  • Employee earnings and salaries. SG&A, R&D, utilities, and rent are some categories for overhead costs that often include salaries for the corporate office. Rent is another category that includes overhead costs like rent.
  • The money left over after operating costs, taxes, interest, and other costs have been subtracted from total sales is known as a company's profit and is sometimes referred to as net earnings or net income. In other words, net income is what is left over after expenses are paid.

To learn more about revenues and expenses refer to:

https://brainly.com/question/16232387

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