Examlex
Which of the following would NOT be considered a secondary socializing agent?
Revenues
Revenues refer to the income that a business generates from its normal business operations, typically from the sale of goods and services to customers.
Owner's Capital
The amount of equity a business owner has invested in the company, reflecting the difference between the company's assets and liabilities.
Credit Balance
A condition where the sum of credits in an account exceeds the sum of debits, often signaling a net liability or income.
Liability Account
An account on a company's balance sheet that represents obligations or debts that the company is responsible for repaying.
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