The account, ___________, represents amounts earned by a business.
A) cash
B) expenses
C) accounts receivable
D) revenue
Correct Answer:
Verified
Q21: Professional Fees is a(n)
A) asset.
B) liability.
C) revenue.
D)
Q22: Otto Company paid a credit on account,
Q27: The amounts that the business entity owes
Q28: Jerry Frost invested equipment in his business
Q32: An example of an asset is
A)Accounts Receivable
B)Accounts
Q33: When a company pays salaries to an
Q36: The borrowing of money will
A) increase owner's
Q38: The liability account _ is used for
Q42: Jamie's Lighting Company paid rent for the
Q60: The effect of expenses on the fundamental
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