Which of these is not included as a separate item in the basic accounting equation?

Question

1. Assets

2. Revenues

3. Liabilities

4. Stockholder`s Equity

Utilisateur supprimé · Answer

2. Revenues. The Basic Accounting equation is Asset - Liabilities = Stockholder's Equity.

Princes Carandang · Answer

2. Revenue is not included in the basic accounting equation because the right equation for basic accounting is Asset= liabilities + owners Equity.

FITAH MOHAMED · Answer

.>>>>>>>>>>>>>>>>>>>>>>2. Revenues