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Daverocs
Feb 3, 2009, 04:03 PM
I can't figure out where to put revenue for " a bowling alley" in my classified balance sheet?? Is it current assets??

pready
Feb 3, 2009, 05:40 PM
Revenues do not go on a Balance Sheet.

Revenues go on an Income Statement and the net income, which is revenues minus expenses minus dividends transfer to the Balance Sheet as retained Earnings