Answer:
Revenue is basically the income produced by business operations, and assets are resources with economic value owned by people or organizations which would provide future benefits.
Therefore, when analyzing income statement accounts, the base is usually revenue, and for balance sheet accounts, the base is usually total assets.
When attempting to establish the frameworks to govern the country, the
Federalists and Anti-Federalists were in heated debate of how to pass
the Bill of Rights, as well as the ratification of the constitution that
was being drafted by country leaders.
