Sales Revenue is a(n)________ account and ________ is an expense account.
A)asset;Sales Discounts
B)revenue;Sales Returns and Allowances
C)revenue;Cost of Goods Sold
D)liability;Gross Profit

Name: Sales Revenue is a(n)________ account and ________ is an expense account. A)asset;Sales Discounts B)revenue;Sales Returns and Allowances C)revenue;Cost of Goods Sold D)liability;Gross Profit
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Question

Quizplus · Accepted Answer

Sales Revenue is a revenue account whereas Cost of Goods Sold is an expense account.

Sales Revenue Is A(n)________ Account and ________ Is an Expense

Sales Revenue Is A(n) Account and Is an Expense