NO! An Asset is what i can see on your Balance Sheet. A revenue is what I can see on your P&L. No correlation what so-ever
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
no, its a revenue
asset
Revenue
Revenue
Equipment is an asset for business which is usable in business to generate revenue.
yes
No, rent revenue is not an asset account; it is classified as a revenue account. Revenue accounts reflect earnings generated from business activities, such as rent collected from tenants. In contrast, asset accounts represent resources owned by a company that have economic value. While rent revenue contributes to a company's overall financial position, it does not meet the criteria of an asset.
Cash is an asset, shown on a company's balance sheet.
Cash is an asset, shown on a company's balance sheet.
Sales is a revenue not an expense or asset while difference between sales and expense is profit which is liability for business.
It's a revenue. However, it's not a "Sales revenue", it's a "Other revenue".