Which of the accounts below would not appear in the balance sheet columns of the end-of-period spreadsheet?
A) Common Stock
B) Service Revenue
C) Unearned Revenue
D) Cash

Question

Quizplus · Accepted Answer

Service revenue is an income statement account and does not appear in the balance sheet columns of the end-of-period spreadsheet. The other accounts (Common Stock, Unearned Revenue, and Cash) may appear in the balance sheet columns.

Which of the Accounts Below Would Not Appear in the Balance