6. Revenues increase owners' equity because: a. Revenue is accompanied by either an increase in assets or

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6. Revenues increase owners' equity because: a. Revenue is accompanied by either an increase in assets or a reduction in liabilities. b. Revenue is recorded by a credit. c. Of the matching principle. d. The realization principle requires revenue be recognized with an increase to owners' equity image text in transcribed

Posted Date: Jun 30, 2024 05:01 PM

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6. Revenues increase owners' equity because: a. Revenue is accompanied by either an increase in assets or

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