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    AutyMill's Avatar
    AutyMill Posts: 2, Reputation: 1
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    #1

    Sep 10, 2008, 06:55 PM
    Service revenue
    Is service revenue a change in stockholder's equity
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 11, 2008, 04:50 PM
    It would be an increae in the revenue accounts.
    AdamUTsel's Avatar
    AdamUTsel Posts: 100, Reputation: 2
    Junior Member
     
    #3

    Sep 12, 2008, 08:57 AM
    No, this is an income statement line item. When the period is closed, however, your net income/loss is rolled into retained earnings for the beginning of the next period. If essence, it becomes a part of your Owner's Equity but not until the period has closed.

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