Define the following terms in your own words: a. Revenue b. Expense c. Net profit d. Dividend
Question:
Define the following terms in your own words:
a. Revenue
b. Expense
c. Net profit
d. Dividend
e. Retained profits
f. Shareholders' equity.
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a Revenue This is the total amount of money a business brings in during a certain period by selling its goods or services Its also referred to as gros...View the full answer
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Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170349680
6th Edition
Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson
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