The monetary value earned for selling goods or services to customers is called a(n)
A) asset
B) net income
C) capital
D) revenue
Correct Answer:
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Q86: Debts owed by a business are referred
Q86: Which of the following is not true
Q87: A business paid $7,000 to a creditor
Q88: The accounting equation may be expressed as
A)
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A) always lower than liabilities
B) equal
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Q96: Earning revenue
A) increases assets, increases stockholders' equity
B)
Q97: Which of the following is not a
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