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In the oil and gas industry it represents the working interest owner's share of gross revenue less taxes (production and severance), conservation fees, marketing and handling fees AND their share of operating costs. The owners costs are said to be "netted" against their revenue.
Wiki User
∙ 12y ago
Wiki User
∙ 14y agoNet revenue is gross (total) revenue minus returns and any other negative revenue. (Expenses have nothing to do with Net Revenue. Net Revenue is NOT the same as profit.)
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What type of revenue typically comprises net fee and commission income trading revenue and other income?
Non interest revenue
Is service revenue an asset or liability?
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
Gain on sale of land is an asset or revenue?
It's a revenue. However, it's not a "Sales revenue", it's a "Other revenue".
What is the journal entry for prepaid revenue?
prepaid revenue is debited and revenue is credited
Unearned revenue is a contra revenue account?
Unearned Revenue is a Liability Account
How do you spell nedded?
The likely word is "netted" (caught in a net, or slang for making a net revenue or profit.) Another similar word is "needed" (required, necessary).
Do grape leaves have parallel veins or netted?
netted
What is a sentence for the word netted?
I netted eight fish with that throw of the seine!
What are examples of netted veins?
rambutan leaves is parallel or netted veins
Do grape vines have leaves with parallel veins or netted veins?
It has netted leaves
How do you know when a plant is dicot?
netted veins
Does a watermelon have netted or parallel venation?
I think the watermelon is a dicot, so the leaf venation will be reticulated, or netted.
What is venation of calamansi?
Netted
Do corn have parallel or netted veins?
No
What is Mango leaf venation?
netted
What is the Venation of guava?
pinately netted
What is Leaf venation of oregano?
netted
