In an income statement by nature, change in inventory of merchandise is generally reported (a) Only on the revenues side, below the revenue from sales of merchandise (b) Only the expenses side, below...

In an income statement by nature, change in inventory of merchandise is generally reported (a) Only on the revenues side, below the revenue from sales of merchandise (b) Only the expenses side, below the purchases of merchandise (c) Both solutions are possible, it depends on the sign of the change (d) None of the solutions above is acceptable