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14 August, 14:19

Which of the following items is an example of revenue?

a. Cash received from a bank loan

b. Cash received from customers at the time services were provided

c. Cash received from investors from the sale of common stock

d. Cash received from the sale of land for its original selling price

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Answers (1)
  1. 14 August, 16:03
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    b. Cash received from customers at the time services were provided.

    Explanation:

    When a business recieves payment for goods or services rendered it has earned revenue.

    Revenue is defined as the income that a business generates from normal business activities such as sales of goods and services.

    It is also called sales turnover.
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Home » Business » Which of the following items is an example of revenue? a. Cash received from a bank loan b. Cash received from customers at the time services were provided c. Cash received from investors from the sale of common stock d.
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