Outflow of an asset related to the production of revenue

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Reference no: EM133716422

Element

1. Obligation to transfer cash or other resources as a result of a past transaction.2. Dividends paid by a corporation to its shareholders.3. Inflow of an asset from providing a good or service.4. The financial position of a company.5. Increase in equity during a period from nonowner transactions.6. Increase in equity from peripheral or incidental transaction.7. Sale of an asset used in the operations of a business for less than the asset's book value.8. The owners' residual interest in the assets of a company.9. An item owned by the company representing probable future benefits.10. Revenues plus gains less expenses and losses.11. An owner's contribution of cash to a corporation in exchange for ownership shares of stock.12. Outflow of an asset related to the production of revenue.

Reference no: EM133716422

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