Assertion: interest expense | /r/HasProperty | reported on the income statement
Facets:
value: separately
type: MANNER
value: as a non-operating expense
type: MANNER
Source sentences:
text: It is reported on the income statement as a non-operating expense, and is derived from such lending arrangements as lines of credit, loans, and bonds.
text: On the income statement, interest income and interest expense are reported separately, or sometimes together under either "interest income - net" (if there is a surplus in interest income) or "interest expense - net" (if there is a surplus in interest expense).