Question

Incomes and gains have:

Debit Balance
Credit Balance
All of the above
None of the above​

Answer 1

Answer:

Explanation:

Revenue Income Gain

Between revenue and gain, the difference is that revenue always arises in the course of the business' ordinary activities (e.g., sales of goods or sales of services), while gain represents other items that are considered as income which may or may not arise in the ordinary activities of the business or entity