Which of the following accounts would appear in the income statement credit column?
A)Service Revenue
B)Prepaid Insurance
C)Unearned Service Revenue
D)Depreciation Expense

Question

Quizplus · Accepted Answer

Service revenue is a type of revenue earned by a company and therefore it would appear in the income statement credit column. The other options, such as prepaid insurance, unearned service revenue, and depreciation expense, are not revenue accounts and would not be found in the income statement credit column.

Which of the Following Accounts Would Appear in the Income