When a worksheet is prepared,which account would not be entered into the income statement columns?
A)Depreciation Expense
B)Unearned Revenue
C)Service Revenue
D)Insurance Expense

Question

Quizplus · Accepted Answer

Unearned Revenue is a liability account and its entry will not be included in the income statement columns. The income statement columns are usually used to record revenue and expense accounts.

When a Worksheet Is Prepared,which Account Would Not Be Entered