BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Explanation: Revenue, Owner Investments and retained earnings increase the equity of a company.

Detailed explanation-2: -Since the normal balance for owner’s equity is a credit balance, revenues must be recorded as a credit. At the end of the accounting year, the credit balances in the revenue accounts will be closed and transferred to the owner’s capital account, thereby increasing owner’s equity.

Detailed explanation-3: -Only credit equity accounts increase equity.

Detailed explanation-4: -Stockholders’ equity increases due to additional stock investments or additional net income. It decreases due to a net loss or dividend payouts. Retained earnings increases when revenue accounts are closed out into it and decreases when expense accounts and cash dividends are closed out into it.

Detailed explanation-5: -To record revenue from the sale from goods or services, you would credit the revenue account. A credit to revenue increases the account, while a debit would decrease the account.