flashcard
1 / 4
Front
Revenue
❮ prev
next ❯
1 / 4
Back
An increase in owner's equity resulting from the operation of a business
❮ prev
next ❯
terms list
Revenue
An increase in owner's equity resulting from the operation of a business
Sale on Account
A sale for which cash will be received at a later date
Expense
A decrease in owner's equity resulting from the operation of a business
Withdrawals
Assets taken out of a business for the owner's personal use

more from user
Accounting Chapter 3
5 items
en en
Accounting Chapter 4
11 items
en en
Accounting Chapter 1
15 items
en en