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Which one of the following will result in increase in revenues?

A)  Purchased fixed asset B)  Received discount C)  Payment to creditorsD)  Return of goods, sold on credit 

Accounting Auditing Financial Accounting Journal Entries Bookkeeping
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Question added by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
Date Posted: 2015/06/13
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sheik mansoor gulam
by sheik mansoor gulam , Chief Accountant , AL-SARRAJ GROUP

A. Purchased Fixed Asset, Purchase of fixed asset will increase the production of goods and it will increase the sales..If sales increase automatically revenue will increase.

Naveed Ahmed Fazal Ahmed
by Naveed Ahmed Fazal Ahmed , Sr. Accountant , Sadita Holding (Crown Micro Trading Co.) Riyadh-KSA.

purchase of fixed assest for example we purchase machiner for production of goods then sold goods and generate revenue.

 

mehfooz alam khan habib khan
by mehfooz alam khan habib khan , Security Incharge , Landmark Group (Emax)

Revenue will increase after Purchased of fixed asset. E.g. if we buy a production machine and we can raised our pruduction so we can increase our sales, if sales will increase so revenue will also increase etc.

Deleted user
by Deleted user

B. Received purchased discount it will lessen cost of goods sold thereby increasing the revenue

Ahmad omar
by Ahmad omar , Senior Accountant , Backaldrine Arab Jordan

Purchased Fixed Assets will increse the revenue

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