Home › CBSE Class 12 (Commerce) › Accountancy › Computerised Accounting System › In grouping of accounts, revenue means
In grouping of accounts, revenue means
Aclaims of the owners
Bclaims of creditors
Cconsumption of resources
Dinflow of resources
Answer & Solution
Correct answer: D. inflow of resources
Revenue is the inflow of resources from sale of goods or services in normal business.
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