Revenues would NOT result from
A) sale of merchandise.
B) initial investment of cash by owner.
C) performance of services.
D) rental of property to a tenant.

Question

Quizplus · Accepted Answer

Revenues are generated from the core business activities such as the sale of merchandise, performance of services, and rental of property. An initial investment of cash by the owner is not considered revenue; it is a contribution to the equity of the business.

Revenues Would NOT Result from