Amounts earned from delivering goods or services to customers are called ________.

Name: Amounts earned from delivering goods or services to customers are called ________.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Amounts earned from delivering goods or services to customers are called revenues. Notes receivable are amounts owed to the company by customers, while unearned revenues are payments received from customers for goods or services that have not yet been delivered. Equity refers to the ownership interest in a company.

Amounts Earned from Delivering Goods or Services to Customers Are