Subjects>Business>Accounting

Is revenue an asset

Anonymous

∙ 15y ago

Updated: 4/28/2022

yes

Wiki User

∙ 15y ago

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Is service revenue an asset or liability?

Services revenue is revenue same as product revenue and it is not an asset or liability of the business.

Is accrued revenue an asset?

no, its a revenue

Is unearned revenue an asset or a liablity?

asset

Is cash considered an asset or revenue?

Revenue

What is rent paid Asset or revenue?

Revenue

Is service revenue an asset or liability?

Services revenue is revenue same as product revenue and it is not an asset or liability of the business.

Is accrued revenue an asset?

no, its a revenue

Is unearned revenue an asset or a liablity?

asset

Is cash considered an asset or revenue?

Revenue

What is rent paid Asset or revenue?

Revenue

Is equipment considered a revenue or asset?

Equipment is an asset for business which is usable in business to generate revenue.

Is asset a revenue?

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

Is rent revenue an asset account?

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.

Is cash revenue or asset?

Cash is an asset, shown on a company's balance sheet.

Is cash an asset or revenue?

Cash is an asset, shown on a company's balance sheet.

Is sales revenue an expense or asset?

Sales is a revenue not an expense or asset while difference between sales and expense is profit which is liability for business.

Gain on sale of land is an asset or revenue?

It's a revenue. However, it's not a "Sales revenue", it's a "Other revenue".

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