Which of the Following Accounts Would Appear in the Income

question 64

Multiple Choice

Which of the following accounts would appear in the income statement credit column?

• A)Service Revenue
• B)Prepaid Insurance
• C)Unearned Service Revenue
• D)Depreciation Expense

---

Definitions:

Short-term Memory

A cognitive function where a limited amount of information is held temporarily for use in ongoing tasks.

Displacement

In psychology, displacement is a defense mechanism that involves shifting feelings from an uncomfortable or threatening target to a more acceptable or less threatening one.

Consolidation

The neurological process by which memories become stabilized and stored in long-term memory after initial acquisition.

Decoding

The process of interpreting and understanding communication symbols and texts, often used in the context of reading and language comprehension.