Which of these is not recognised as income?
A) Provision of services.
B) Interest received.
C) Capital contributed by the owner.
D) Sale of goods.

Question

Quizplus · Accepted Answer

Capital contributed by the owner is considered equity and not income. Income is defined as revenue earned through the provision of goods or services, as well as any other sources such as interest received or the sale of goods.

Which of These Is Not Recognised as Income