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View Full Version : Where does 403b contribution goes in income statement?


knowme82
Feb 14, 2010, 04:45 PM
I was trying to prepare income statement assignment I am confused where does 401k contribution and 403b contribution goes in income statement? Are these an expense or savings??

morgaine300
Feb 16, 2010, 06:10 PM
The contributions the company is putting into a 401k is an investment account, an asset.