The reason that revenue is recorded by a credit entry to a revenue account is: 1.That revenue
Fantastic news! We've Found the answer you've been seeking!
Question:
The reason that revenue is recorded by a credit entry to a revenue account is:
1.That revenue always involves a debit to the Cash account.2.Explained by the realization principle.3.Explained by the matching principle.4.That revenue increases owners' equity.
Posted Date: