Prinicples of Accounting

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

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?

Jan 20th, 2015

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

Jan 20th, 2015

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