In the worksheet,the adjusted balance of the Service Revenue account appears in the credit column of the income statement.

Question

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The Service Revenue account represents the income earned by a company from providing services, and it is a revenue/credit account. The adjusted balance, which takes into account any adjustments made to the account during the accounting period, would also be a credit balance. Therefore, it would appear in the credit column of the income statement.

In the Worksheet,the Adjusted Balance of the Service Revenue Account