In which of the columns of the work sheet would the Service revenue account be found?
A) In the Adjusted Trial Balance debit column and the Income Statement credit column
B) In the Trial Balance debit column, the Adjusted Trial Balance debit column and the Income Statement debit column
C) In the Adjusted Trial Balance debit column and the Income Statement debit column
D) In the Trial Balance credit column, the Adjusted Trial Balance credit column and the Income Statement credit column

Question

Quizplus · Accepted Answer

Service revenue is an income account, which normally has a credit balance. Therefore, it appears in the credit column of the Trial Balance, the Adjusted Trial Balance, and the Income Statement.

In Which of the Columns of the Work Sheet Would