Which of the Following Accounts Would Appear in the Income

question 83

Multiple Choice

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

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

---

Definitions:

Peripheral Countries

Nations that are less economically developed with lower standards of living, often exploited and dominated by more developed countries in the global economy.

Outsourcing

Transferring a specialized task or job from one organization to a different organization, usually in another country, as a cost-saving device.

Global Stratification

The unequal distribution of resources, wealth, and power across countries and regions around the world, leading to a hierarchy of nations.

International Division

Refers to the segmentation of labor, production, and industries globally, often dictated by factors such as economic status, technological advancement, and resource distribution.