QUESTION 22 Net Income from the Income Statement will also appear on The Statement of Retained Earnings. True False QUESTION 23 ABC adjusts is books monthly. The unadjusted trial balance reflects $16,510 in Service Revenue Earned and $6,500 in Unearned Service Revenue. If the Service Revenue Earned during the month is $4,810, then the amount of Service Revenue Earned to be reported in the adjusted trial balance is $21,320. True False QUESTION 24 A journal entry to recognize an expense would not include a debit to a liability account. True False