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.
expenditures and revenue go to income statement while assets, liabilities and capital go to the balance sheet.
I'm not sure I fully understand your question. Revenue would never be on a balance sheet, it is an income statement account.
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.
No, it goes on the balance sheet as a liability.
unearned income is to be shown as a liability in balance sheet until the commitment for such receipt is satisfied.
Earned revenue is part of income statement and it is not shown under balance sheet.
expenditures and revenue go to income statement while assets, liabilities and capital go to the balance sheet.
consulting revenue will go to income statement in case if the firms main business is consultancy then sales otherwise will go under other income.
I'm not sure I fully understand your question. Revenue would never be on a balance sheet, it is an income statement account.
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.
No, it goes on the balance sheet as a liability.
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.
unearned income is to be shown as a liability in balance sheet until the commitment for such receipt is satisfied.
No, the income statement is for revenue and expenses only. Equipment will go on your balance sheet with your assets.
Income statement and balance sheet are linked in this way that income statement describes how assets and liabilities are utilized to earn revenue and net income while balance sheet describes the information about remianing amount of assets and liabilities.
To determine revenue from a balance sheet, look for the income statement or profit and loss statement. Revenue is typically listed as the top line item on the income statement, showing the total amount of money earned from sales or services during a specific period.
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