Q1-46. Revenue is a. an increase in paid-in capital resulting from the owners investing in the business.

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Q1-46. Revenue is

a. an increase in paid-in capital resulting from the owners investing in the business.

b. a decrease in liabilities resulting from paying off loans.

c. an increase in retained earnings resulting from selling products or performing services.

d. all of the above.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 25, 2024 09:02 AM

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Q1-46. Revenue is a. an increase in paid-in capital resulting from the owners investing in the business.

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Financial Accounting International Financial Reporting Standards Global Edition

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