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    Daverocs's Avatar
    Daverocs Posts: 1, Reputation: 1
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    #1

    Feb 3, 2009, 04:03 PM
    Revenue for a classified balance sheet
    I can't figure out where to put revenue for " a bowling alley" in my classified balance sheet?? Is it current assets??
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    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
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