emily212160
emily212160 emily212160
  • 01-05-2020
  • Business
contestada

What type of account is used on an income statement?

Respuesta :

mahathyrithwik mahathyrithwik
  • 01-05-2020

Answer:

Definition of Income Statement Accounts

Explanation:

Income statement accounts are one of two types of general ledger accounts. (The other accounts in the general ledger are the balance sheet accounts.) Income statement accounts are used to sort and store transactions involving: Operating revenues.

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