In: Accounting
From the following, select the accurate equations that relate to revenue, expenses, and profits. *Multiple answers may apply
A. Revenues = Profit + Expenses
B. Profit = Revenue - Expenses
C. Expenses = Revenue - Profit
D. Profit = Revenues + Expenses
E. Expenses = Profit + Revenues
**Letter B answer only is wrong.
A. Revenues = Profit +Expenses
B. Profit = Revenue - Expenses
C. Expenses = Revenue - Profit
D &E are the wrong answers