Which of the following accounts would appear in the Income statement debit column?
A)Unearned service revenue
B)Prepaid insurance
C)Service revenue
D)Depreciation expense

Name: Which of the following accounts would appear in the Income statement debit column? A)Unearned service revenue B)Prepaid insurance C)Service revenue D)Depreciation expense
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Question

Quizplus · Accepted Answer

Depreciation expense is an expense account and appears in the Income Statement debit column as it represents a cost incurred during the period.

Which of the Following Accounts Would Appear in the Income