Which of the following accounts would not appear on a balance sheet?A) Service Revenue.B) Salaries Payable.C) Unearned Revenue.D) Neither Service Revenue nor Unearned Revenue would appear on a balance sheet.
SolutionVerified
Service Revenue is an income statement account that reflects the earnings from services provided. It does not represent an asset, liability, or equity at a specific point in time and therefore does not appear on the balance sheet. Salaries Payable and Unearned Revenue are both liabilities and would be included on the balance sheet.
Answer:A) Service Revenue.
