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Direct revenues are the taxes that the Govenment gets paid directly by you, for instance the income tax you pay to the IRS.
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∙ 11y ago
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What do you get when you deduct cost from revenues?
Deducting direct costs from revenues is gross profit while deducting all other remaining cost we get net profit.
Why does the direct write-off method of accounting for bad debts usually fail to match revenues and expenses?
Direct write-off normally does not match because the revenue from the sales was reported in an earlier period. It affects the revenues and expenses in the period it is written off in. If a company has many credit sales then it would be better to instead estimate an allowance for uncollectible credit accounts. That way the revenues and expenses are affected in each period and the sales numbers will represent the business' sales more accurately; provided the percentage is watched and adjusted as needed.
Are revenues the same as net income?
Revenues are earnings from sales of products and net income is the difference between revenues and expenses.
Which sport has the largest revenues in the us?
Football has the largest revenues
What were Orowheat's revenues in 2001?
Orowheat had $268.6 million in revenues in 2001
What revenues did Timberland have in 1979?
Revenues topped $16 million in 1979
How do you understand French?
You tend to understand a lot of the french vocabulary because most of the words sound the same as English this is called ' direct cognate '.
What revenues did Komag have in 2001?
Komag posted $282.6 million in revenues in 2001
What were revenues of Matrix Systems Inc. in 2001?
It had $9.2 billion in revenues in 2001
What effect do revenues and expenses have on retained earnings?
Revenues Increase and Expense Decreases.
What were Thomas' bagel revenues in 2001?
Thomas' had $155 million in revenues in 2001
Prepaid expenses depreciation accrued expenses unearned revenues and accrued revenues are all examples of?
Prepaid expenses, depreciation, accrued expenses, unearned revenues, and accrued revenues are all examples of
