Operating Activities - Inventory Goods available for sale...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Operating Activities Once a business has the assets it needs, it can begin its operations. Revenues - Amounts earned from the sale of products (sales revenue, service revenue, and interest revenue).
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Inventory- Goods available for sale to customers. Accounts receivable- Right to receive money from a customer,in the future, as the result of a sale....
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online