The increases in stockholders' equity attributable to selling services or products to customers are called
A) assets
B) liabilities
C) revenues
D) expenses

Name: The increases in stockholders' equity attributable to selling services or products to customers are called A) assets B) liabilities C) revenues D) expenses
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Question

Quizplus · Accepted Answer

Increases in stockholders' equity due to selling services or products to customers are revenue. Revenue is recognized when it is earned, regardless of when payment is received.

The Increases in Stockholders' Equity Attributable to Selling Services or Products