A net income results when revenue is larger than expenses. On the other hand, if expenses are larger than revenue, a net loss results. Answer: b. net income.

When revenues are greater than expenses, the result is a(n) O A. Net Income B. Net Loss Oc. Owner Capital OD. Withdrawals

If revenues are greater than expenses, the company has net income and contributed capital rises. c. If revenues are less than expenses, the company has a net ...

17 дек. 2021 г. · A net loss is when total expenses (including taxes, fees, interest, and depreciation) exceed the income or revenue produced for a given period ... What happens when revenue is less than expenses? - Quora What does it mean when a company has more revenue than ... How is the 'net income' of Yahoo greater than its revenue? Другие результаты с сайта www.quora.com

8 дек. 2022 г. · The Income Summary account has a credit balance when revenue exceeds total expenses, producing a net profit, as indicated by the T account.

If a company's revenue is greater than its expenses, it will show a profit. If its expenses are greater than its revenue, it's operating at a loss.

If the revenue is greater than expenses, you have revenue over expenses. If the expenses exceed the revenue, you have revenue under expenses, sometimes ...

If revenues are greater than expenses, the company has net income and contributed capital increases. If revenues are less than expenses, the company has a net ...

8 апр. 2019 г. · Answer: B. Revenue is less than expenses is the correct answer. Explanation: A loss is when Revenue is less than expenses.