The correct term for the income earned from selling goods is...

(a)  

The correct term for the income made by supplying a service is...

(a)  

The correct term for the expense transaction: cost of goods sold is...

(a)  

The correct term for the expense of employing people is...

(a)  

The correct term for the expense of borrowing money is...

(a)  

Income - Expenses =

(a)  

Income - Cost of Sales =

(a)  

Income - All Expenses =

(a)  

The term used to describe how quickly an asset can be converted into cash.

(a)