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

Name: The gross increases in retained earnings attributable to business activities are called A) assets B) liabilities C) revenues D) net income
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

Revenues are the gross increases in retained earnings attributable to business activities, as they represent the total income generated from normal business operations before any expenses are deducted.

The Gross Increases in Retained Earnings Attributable to Business Activities