Income Statement vs. Balance Sheet

Rent goes on the

• Income Statement

• Balance Sheet

Building goes on the

• Income Statement

• Balance Sheet

Office Equipment goes on the

• Income Statement

• Balance Sheet

Office Expenses goes on the

• Income Statement

• Balance Sheet

Cash goes on the

• Income Statement

• Balance Sheet

Land goes on the

• Income Statement

• Balance Sheet

Revenue goes on the

• Income Statement

• Balance Sheet

Assets go on the

• Income Statement

• Balance Sheet

Advertising Expense goes on the

• Income Statement

• Balance Sheet

Sales go on the

• Income Statement

• Balance Sheet