Inflows of new assets into a business that have been generated by business operating activities are included in
A) common stock.
B) liabilities.
C) additional paid-in capital.
D) revenues.
E) expenses.

Question

Quizplus · Accepted Answer

Revenues are the inflows of new assets into a business that have been generated by the business's operating activities. This includes sales of goods or services, interest, and dividends earned, among other sources of income.

Inflows of New Assets into a Business That Have Been