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-   -   Where I can Put the income summary? (https://www.askmehelpdesk.com/showthread.php?t=452296)

  • Feb 27, 2010, 09:13 AM
    naanaa77
    Where I can Put the income summary?
    Where I can put the income summary?

    In the Balabnce sheet or income statement?
  • Feb 28, 2010, 01:20 AM
    morgaine300

    It's not on any statement. The income summary account is only used in the closing process, which is done after the financial statements are done. The account also just ends up with a zero balance when you're done with closing, and is only used temporarily while doing closing.

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