Which Type of Account Would Be Reported on the Income

question 66

Multiple Choice

Which type of account would be reported on the income statement?

• A) Assets
• B) Expenses
• C) Withdrawals
• D) Liabilities

---

Definitions:

Indicated

To show, point out, or make clear in a specific context. The term is general and not strictly a programming key term unless used in specific contexts like "indicated errors."

For Loop

A control flow statement for specifying iteration, allowing code to be executed repeatedly based on a boolean condition.

Enhanced Loop

A simplified form of a loop that allows for easy iteration over collections and arrays in programming languages like Java, often referred to as the "for-each" loop.

Java Statements

Instructional lines in Java that direct the program to perform particular actions.