Revenues, gains, and investments by owners are all increases in net assets. What are the distinctions among them?

Revenues, gains, and investments by owners are all increases in net assets. What are the distinctions among them?



Investments by owners differ from revenues and gains in that they represent transfers by owners to the entity, and they do not arise from activities intended to produce income. Revenues differ from gains in that they arise from the entity's ongoing major or central operations. Gains arise from peripheral or incidental transactions.


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