Final Answer:
The following items would be reported as other expenses and losses except d Loss from employees' strikes.
Step-by-step explanation:
In accounting, businesses categorize their financial transactions into various accounts to present a clear picture of their financial performance. Expenses and losses are common categories, but the nature of the loss matters for proper reporting.
Operating Expenses vs. Extraordinary Items: Operating expenses include regular, day-to-day costs of running a business, like wages, utilities, and rent.
Losses from employees' strikes are often treated as extraordinary items. These are events that are unusual, infrequent, and beyond the normal course of business.
Reporting Extraordinary Items: Extraordinary items are reported separately on the income statement to ensure they don't distort the regular operating results.
Losses from employees' strikes might result from negotiations, work stoppages, or related disruptions. As these are not part of regular business operations, they are disclosed separately.
Financial Statement Transparency: Separating extraordinary items enhances the transparency of financial statements, helping stakeholders understand the impact of unusual events on the company's financial health.
Therefore, "Loss from employees' strikes" is not typically reported as a regular operating expense but as an extraordinary item due to its non-recurring and unique nature.