A(n) ________ results when revenue is larger than expenses. a. Debit b. Net income c. Net loss

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A(n) ________ results when revenue is larger than expenses.

a. Debit

b. Net income

c. Net loss

d. Credit

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Glencoe Accounting First Year Course

ISBN: 9780078688294

1st Edition

Authors: Andrée Vary

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Question Posted: Jun 10, 2022 12:56 AM

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A(n) ________ results when revenue is larger than expenses. a. Debit b. Net income c. Net loss

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b Net income Net income is the result of subtracting expenses from revenue If reve...View the full answer

Glencoe Accounting First Year Course

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