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mash [69]
3 years ago
10

The increases in stockholders' equity attributable to selling services or products to customers are called a.assets b.expenses c

.liabilities d.revenues
Business
1 answer:
Alexus [3.1K]3 years ago
7 0

Answer:

d.revenues

Explanation:

Revenue is the sales made to customers. This is usually accounted for as a credit in the income statement and is closed at the end of the period into the retained earnings section of the stockholder's equity.

Hence, the increases in stockholders' equity attributable to selling services or products to customers are called revenue.

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**FOB destination means the seller maintains title until the merchandise reaches its destination, so since the goods have not reached their destination, the goods still belonged to Stallman

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