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If a company’s revenues are higher than its expenses, it will cause A. an increase in owner’s equity. B. a decrease in owner’s equity. C. an increase in assets. D. no effect on …

If a company’s revenues are higher than its expenses, it will cause A. an increase in owner’s equity. B. a decrease in owner’s equity. C. an increase in assets. D. no effect on …
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If a company’s revenues are higher than its expenses, it will cause

A. an increase in owner’s equity.
B. a decrease in owner’s equity.
C. an increase in assets.
D. no effect on owner’s equity.

User Gissell
by
8.4k points

2 Answers

3 votes

Answer:

increase in owners equity

Step-by-step explanation:

User Onkaar Singh
by
8.2k points
4 votes
The correct answer is A. An increase in owner's equity.
User Qqruza
by
8.5k points
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