KevinTimothy profile image 88

In Accounting terms, is an Income acount part of your Assets or Equity?

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SidKemp profile image95

Sid Kemp (SidKemp) says

4 years ago
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  • Larry Wall 4 years ago

    Sid, the vast knowledge never ceases to amaze me. You are absolutely correct . We could discuss the need to showing depreciation on the expense sheet for a non-profit organization and I still have an issue with retained earnings vs. non-cash assets.

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safiq ali patel profile image72

safiq ali patel says

4 years ago
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