What accounts go on the Income Statement

skinny04girl · Jan 17, 2008, 07:28 AM

pready · Jan 17, 2008, 09:59 AM

All of your temporary Accounts such as Revenue Accounts and Expense Accounts.

Revenue Accounts include: Sales Revenues, Service Revenue, Interest Revenue and the like.

Expense Accounts include: Cost of Goods Sold (COGS), Depreciation Explense, Interest Expense, Advertising Expense, Office Supplies Expense, and the like.

Also there are Gains and Losses.

There are the Income Tax, Discontinued Operations, Extraordinary items and finally the Earnings per Share.



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