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Author Question: Marilyn provides piano lessons to students in her home four days a week. The money she earns from ... (Read 216 times)

123654777

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on: Jul 14, 2018
Marilyn provides piano lessons to students in her home four days a week. The money she earns from providing these services would be characterized as _____ on an income statement.
 A) expenses
  B) assets
  C) revenues
  D) retained earnings
  E) equity

Question 2

If Franklin & Co uses labor and materials to create a finished product, Franklin & Co is likely:
 A) a restaurant.
  B) a hair salon.
  C) a toy manufacturer.
  D) a hotel chain.
  E) a real estate agency.


hugthug12

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Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

C


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