Income Statement Questions

Sep 15, 2008 0 Replies

In general, other than putting all the revenues and expenses on the statement, I am aware that anything that is payable or receivable shouldn't go on the income statement. However, I'm not sure if prepaid expenses as well as unearned revenue should go on there too. It would help a lot to confirm whether that is the case.


Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required