Question

Revenue accounts are used to record:______
a. earnings from operations all cash receipts
b. cash received from customer payments
c. made on account payments
d. made for purchases

Answer 1

Answer: Earnings from operations all cash receipt.

Explanation:

Revenue account is an accounting record where all cash received by a business establishment is recorded. It comprises of cash received from sales of products and other forms of income a company receives within a period.