The gross increases in retained earnings attributable to business activities are called
A) assets
B) liabilities
C) revenues
D) expenses

Question

Quizplus · Accepted Answer

The gross increases in retained earnings attributable to business activities are referred to as revenues. A company's revenues represent the total amount of money it earns from its core operations before any expenses or taxes are deducted.

The Gross Increases in Retained Earnings Attributable to Business Activities