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In an expanded accounting equation, revenues and expenses are an expanded part of ______. (check all that apply.)

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In an expanded accounting equation, revenues and expenses are an expanded part of retained earnings, stockholder's equity.

What is revenue and expenses?

Revenue can be defined as an income or money generated from the sales of goods and service while on the other hand expenses or expenditure are money spent at a particular or specific period of time.

Revenue should be higher than income, in a situation were expenses is higher than revenue or income this tend to lead to net loss.

Accounting  equation is an equation that help to show the relationship that is between assets, liability as well as shareholder's equity.  When preparing accounting equation the  debit side balance must be the same with the credit side balance.

Therefore In an expanded accounting equation, revenues and expenses are an expanded part of retained earnings, stockholder's equity.

Learn more about revenue and expenses here:https://brainly.com/question/23706629

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