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Indicate by check mark ("9") or "X" which accounts are found on the income statement and which accounts are found on the balance sheet.
Account Name
Income
Statement
Balance
Sheet
Allowance for Bad Debt
Bad Debt Expense
Prepaid Expense
Unearned Revenue
Revenue
Tally & Co. incurred a pretax operating loss of $100,000 in its first year of operations for both financial reporting and income tax purposes. However, it expects to be profitable
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