Accounting

Why do revenues increase capital while expenses decrease capital?


Because cash is a form of capital.

  1. 👍
  2. 👎
  3. 👁

Respond to this Question

First Name

Your Response

Similar Questions

  1. Accounting - Please check me

    Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Office Supplies- debit Repair Service Revenue- debit Interest Payable- debit Accounts Receivable- creditSalaries Expense- debit

  2. accounting

    Identify whether a debit or credit yields the indicated change for each of the following accounts: a. To increase Store Equipment f. To decrease Unearned Revenue b. To increase Owner Withdrawals g. To decrease Prepaid Insurance c.

  3. Accounting

    Show the effect of each transaction on the individual accounts of the expanded accounting equation: Assets=Liabilities +Owner's Equity (Capital-Drawing+Revenues-Expenses). After each transaction, show the new account total.

  4. Economics

    Answer the question based on the following information: Suppose 30 units of product A can be produced by employing just labor and capital in the four ways shown below. Assume the prices of labor and capital are $4 and $3,

  1. Social Studies

    7. Training employees in a new software is an example of what method of improving productivity? A. growing human capital B. growing physical capital C. growing service capital** D. growing domestic capital 8.Which of these are

  2. Criminology

    According to proponents of capital punishment, which of the following is a true statement? A. Capital punishment deters crime. B. Capital punishment is less expensive than imprisonment. C. Capital punishment is widely accepted in

  3. Operation

    Parsa Real Estate is a company that buys and rents real estate. The company is looking into buying an office building for $1M.Thebuilding has 10,000 square feet of rentable office space. The company analysts predict that they can

  4. Geography

    16.How do countries seek to economic development? a. decrease educationa and increase tariffs b. invest in education and fund capital goods* c. decrease capital goods and increase tariffs d. restrict tariffs and reduce education

  1. A.P. Economics (Please check if I'm right)

    Leaving class today, you decide to start an economics tutoring business. Your first step is to get the two categories of capital. Next you need to obtain the other factors of production. Specifically, what do you need in terms of

  2. Macro check and help

    A bank has $200 reserves, $800 loans, $400 securities, $1200 deposits, and $100 debt. a) Calculate the bank's capital. b) Calculate the bank's leverage ratio. c) Suppose there is a stock market boom, so that the bank's assets

  3. Economics

    Which one of the following statements about capital flight is correct? A. Capital flight refers to the tendency of developing countries to overinvest in commercial aircraft. B. Capital flight refers to developing countries'

  4. Macroeconomics

    Here are my answers and i wanted to check if they were correct to the quiz posted below. 1.a because its a model for the ppf 2.b Just wha thappens when technology is completely ignored 3.a because the model is based off of inputs

You can view more similar questions or ask a new question.