consulting revenue will go to income statement in case if the firms main business is consultancy then sales otherwise will go under other income.
Income statement with the rest of the revenues.
balance sheet
unearned service revenue is on the balance sheet not the income statement so the answer is nowhere. service revenue is on the income statement under revenues.
Need more clarification: i = interest? (if expense: shown in income statement, under expenses. if revenue: shown in income statement, under revenues) i = investment? (is an asset, showin in the asset section of the balance sheet) i = income? ( shown in the income statement)
If Rent Revenue is shown in income statement but if that revenue is still receivable in accrual accounting system then it will shown under balance sheet at asset side as well.
unearned service revenue is on the balance sheet not the income statement so the answer is nowhere. service revenue is on the income statement under revenues. unearned service revenue is on the balance sheet not the income statement so the answer is nowhere. service revenue is on the income statement under revenues Looking after a customer, particularly a customer who places allot of business with you so that you keep and grow that business and the relationship you have with the customer (to stop them going
No, the income statement is for revenue and expenses only. Equipment will go on your balance sheet with your assets.
expenditures and revenue go to income statement while assets, liabilities and capital go to the balance sheet.
Earned revenue is part of income statement and it is not shown under balance sheet.
No, it goes on the balance sheet as a liability.
Investment is that amount which invested company in other companies for the purpose of earning interest revenue and that’s why it is asset of business for future generation of revenue and that’ s why it is shown under assets side of balance sheet and are not part of income statement.
The money that you invest should be counted as an expense. The income from your investment would be considered revenue.
Revenue is not part of balance sheet rather it is part of income statement as it is the amount earned by selling goods or services.
I'm not sure I fully understand your question. Revenue would never be on a balance sheet, it is an income statement account.