In preparing an income statement for yourself, the wages from your job would be shown as
A) your revenue.
B) an expense.
C) an asset.
D) your owner's equity.

Name: In preparing an income statement for yourself, the wages from your job would be shown as A) your revenue. B) an expense. C) an asset. D) your owner's equity.
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Question

Quizplus · Accepted Answer

Wages from your job are considered your revenue in the context of preparing an income statement for yourself, as they represent the income you earn.

In Preparing an Income Statement for Yourself, the Wages from Your