GB 518 Course Great Wisdom / tutorialrank.com GB 518 Course Great Wisdom / tutorialrank.com | Page 20

An increase in an account

The right-hand side of a T-account

A decrease in an account

The left-hand side of a T-account

An increase to a liability account

Question 4. Question :
Which of the following elements are
found on the Balance Sheet?

Service Revenue

Net Income