Which of the following is not true about the Income Statement?

Amounts received from customers in payment of their accounts arising from service in the prior period would be revenues in the income statement for the current period.

Amounts received from customers for services performed in the current month would be revenues on the income statement.

Amounts received from customer as deposits for services to be rendered next month will not be recorded as revenues on the income statement for the current month.

Costs incurred in the current month but not paid as of the end of the month would be expenses on the income statement for the current month.