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Where does rent revenue go on an income statement?
Rent revenue appears under the Non-Operating Revenue Section on the income statement.
Where does unearned service revenue go on a multiple step income statement?
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.
Where does other or rent revenue go on the income statement?
Other or rent revenue is also revenue which is not from basic operations of business that's why this revenue is shown as other revenue in income statement.
Does interest revenue go on income statement?
Yes all revenues are part of income statement and interest revenue also that’s why it is shown in income statement as other income.
Where does dividend revenue go on a multiple-step income statement?
Dividend revenue is shown as other revenue section of profit and loss section of income statement.
Does investment revenue go on balance sheet or income statement?
consulting revenue will go to income statement in case if the firms main business is consultancy then sales otherwise will go under other income.
Does equipemnt go on the income statement?
No, the income statement is for revenue and expenses only. Equipment will go on your balance sheet with your assets.
What goes on income statement and what goes on balance sheet?
expenditures and revenue go to income statement while assets, liabilities and capital go to the balance sheet.
Does rent revenue go on a balance sheet or 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.
Does unearned revenue go in the income statement?
No, it goes on the balance sheet as a liability.
Does merchandise go on an income statement?
Yes merchandise is part of income statement and this is the actual goods sold to earn revenue for specific period of company.
What account do earned revenue go in on a balance sheet?
Earned revenue is part of income statement and it is not shown under balance sheet.
