as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
what type of expenses should be included on an income statement?
user
an income statement should include expenses related to the sale of goods or services, cost of goods sold, interest and taxes, operating expenses, depreciation and amortization, and any other non-operating expenses or profits.
assistant