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Draco Company recorded the following transactions. Which of the following items is an example of revenue? a. Received cash from customers of $10,000 at the
Draco Company recorded the following transactions. Which of the following items is an example of revenue? a. Received cash from customers of $10,000 at the time services were provided b. Paid a cash dividend of $5,000 to investors. c. Received cash of $30.000 from investors. d. Received cash of $50.000 from a bank loan. QUESTION 4 Aloha Company issued common stock for $200,000 cash. As a result of this event. O a. assets decreased. b. retained earnings increased. c. equity increased, d. liabilities increased
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