Final answer:
The service revenue account of Brownstone, Inc. involves postings that adjust the revenue figures for the company, important for accurate financial reporting and performance analysis.
Step-by-step explanation:
The postings in the service revenue account of Brownstone, Inc. represent financial transactions related to the income earned from services provided by the company. Each posting adjusts the balance of the account to reflect accurate revenue figures for a given period. To determine the total service revenue, one would sum all the credits (representing income) and subtract any debits (representing adjustments or refunds) if they are present in the service revenue account. This process is part of the company’s accounting practices, and it helps provide an accurate picture of the company’s financial performance and is critical for preparing financial statements.