[amp_mcq option1=”Investment” option2=”Advances” option3=”Loan” option4=”Sales” correct=”option4″]<\/p>\n
The correct answer is D. Sales.<\/p>\n
Sales is the major source of revenue of any business. It is the amount of money that a business receives from selling its products or services. Sales are typically recorded as revenue on the income statement.<\/p>\n
Investment is the act of putting money into something with the expectation of making a profit. Investments can be made in a variety of assets, such as stocks, bonds, and real estate. Investments are typically recorded as assets on the balance sheet.<\/p>\n
Advances are payments that are made in advance of goods or services being provided. Advances are typically recorded as liabilities on the balance sheet.<\/p>\n
Loans are sums of money that are borrowed from a lender. Loans are typically recorded as liabilities on the balance sheet.<\/p>\n
In conclusion, sales is the major source of revenue of any business. Investment, advances, and loans are not sources of revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Investment” option2=”Advances” option3=”Loan” option4=”Sales” correct=”option4″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671],"tags":[],"class_list":["post-15639","post","type-post","status-publish","format-standard","hentry","category-tally","no-featured-image-padding"],"yoast_head":"\n