Question

Revenues are ______. earned by selling goods or services to customers the amount of cash a company has left after it has paid its liabilities cash payments that a business has made directly to its owners amounts owed to creditors amounts that owners have contributed directly to the business

Answer 1

Answer:

earned by selling goods or services to customers.

Explanation:

Revenues are earned by selling goods or services to customers.

This ultimately implies that, revenues are typically the income that are being generated from the provision of goods and services to meet the needs or wants of customers, as well as discounts and deductions for returned products.

Generally, revenues forms the first line item reported on the income statement or is the beginning of an income statement.