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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 ajoutée par Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
Date de publication: 2015/06/13
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sheik mansoor gulam
par 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
par 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
par 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.

Utilisateur supprimé
par Utilisateur supprimé

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

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

Purchased Fixed Assets will increse the revenue

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