Which of the following items is an example of revenue?
A)Cash received from a bank loan
B)Cash received from investors from the sale of common stock
C)Cash received from customers at the time services were provided
D)Cash received from the sale of land for its original selling price

Question

Quizplus · Accepted Answer

Revenue refers to money received by a company from its primary activities, such as selling goods or providing services. Option C represents cash received from customers for services rendered, making it an example of revenue. Option A represents a liability, option B represents equity, and option D represents a non-operating activity (sale of an asset) that does not generate revenue.

Which of the Following Items Is an Example of Revenue