Examlex
Which of the following statements is LEAST accurate?
Assets
Resources owned or controlled by a business, expected to bring future economic benefits.
Capital
It refers to financial assets or the financial value of assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.
Revenue
The total income generated from normal business operations, including sales of products and services before any expenses are subtracted.
Liabilities
Debts or obligations of a business that arise during the course of its operations.
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