MC18 What is an income statement account?
A. An account that records revenue and expenses
B. An account that records assets, liabilities, and equity
C. An account that records temporary transactions
D. An account that records permanent transactions
Answer:A
MC18 What is an income statement account?
A. An account that records revenue and expenses B. An account that records assets, liabilities, and equity C. An account that records temporary transactions D. An account that records permanent transactions