Prinicples of Accounting

User Generated

byyvrcbyyvr

Business Finance

Description

if Ronni sold two cupcakes for $3 per cupcake, her revenue would be $6 ($3 sales price x 2 cupcakes). Give examples of Assets, Liabilities, Revenues, Expenses, and Equity?

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Please give a full complete questions...........................................................................

As per the available information :

Answer:

Assets    :  Cash $6

Liabilities:   No information in the question

Revenues:  $6

Expenses   :  No information

Equity  :  No information


Anonymous
Really helped me to better understand my coursework. Super recommended.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags