All of the following transactions increase revenue except the
A) sale of additional ordinary shares by British Airways.
B) sale of clothing by the French Connection.
C) performance of acccounting services by PricewatershouseCoopers.
D) sale of pertroleum by Royal Dutch Shell.
Correct Answer:
Verified
Q105: Sources of increases to equity are
A)sales of
Q106: If total liabilities decreased by
Q109: The retained earnings section of the statement
Q109: The basic accounting equation cannot be restated
Q110: When assets are distributed to the shareholders
Q112: If total liabilities increased by
Q113: Equity is decreased by all of the
Q114: If total liabilities decreased by ¥30,000
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Q117: Equity is often referred to as
A) residual
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