The major activities of a business include:
A) Operating,Investing,Making a Profit
B) Investing,Making a Profit,Operating
C) Making a Profit,Operating,Borrowing
D) Operating,Investing,Financing
E) Investing,Making a Profit Financing
Correct Answer:
Verified
Q109: Decreases in retained earnings that represent costs
Q111: Net Income:
A)Decreases equity
B)Represents the amount of assets
Q117: Resources owned or controlled by a company
Q118: Net income:
A)Occurs when revenues exceed expenses.
B)Is the
Q119: Expenses:
A)Increase retained earnings.
B)Are increases in retained earnings
Q120: If liabilities are $51,500 and assets are
Q124: The excess of expenses over revenues for
Q131: The description of the relation between a
Q134: The difference between a company's assets and
Q139: If assets are $99,000 and liabilities are
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