How do gains differ from revenues? Select one: a. Revenues stem from delivering...
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Accounting
How do gains differ from revenues?
Select one:
a. Revenues stem from delivering or producing goods or rendering services while gains stem from events other than those resulting from revenues or investments by owners.
b. Gains stem from an increase in equity of a firm while revenues stem only from an increase in assets.
c. Gains and revenues are both period of time elements.
d. Both A and B are true. e. Both A and C are true.
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