What effect do revenues and expenses eventually have on Owners' Investment? Revenues Expenses
A) Decrease Decrease
B) Decrease Increase
C) Increase Increase
D) Increase Decrease

Question

Quizplus · Accepted Answer

Revenues increase Owners' Investment because they represent income earned by the business, while expenses decrease Owners' Investment since they are costs incurred by the business.

What Effect Do Revenues and Expenses Eventually Have on Owners