Revenues have what effect on the accounting equation?
A)Increase liabilities.
B)Decrease assets.
C)Increase stockholders' equity.

Name: Revenues have what effect on the accounting equation? A)Increase liabilities. B)Decrease assets. C)Increase stockholders' equity.
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Question

Quizplus · Accepted Answer

Revenues increase the stockholders' equity, as it reflects an increase in the company's assets (cash, accounts receivable, etc.) based on the products or services delivered to customers.

Revenues Have What Effect on the Accounting Equation