1. Income Statement accounts
SI ACCT. 284

2. Directions:
State whether the account would be a revenue or expense account
Example:
Sales Revenue – It would be a revenue account

3. Sales Revenue

4. Sales Revenue - Revenue

5. Interest Revenue

6. Interest Revenue - Revenue

7. Cost of Goods Sold

8. Cost of Goods Sold – Expense

9. Interest Expense

10. Interest Expense - Expense

11. Dividend Revenue

12. Dividend Revenue - Revenue

13. Advertising Expense

14. Advertising Expense – Expense

15. Insurance Expense

16. Insurance Expense - Expense

17. Salaries and Wages Expense

18. Salaries and Wages Expense - Expense

19. Rent Revenue

20. Rent Revenue - Revenue