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Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!

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14y ago

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What is mean by revenue in accounting?

revenue mean the grows of stock when you sale out the item or is the profit of income


Does revenue generally mean after expenses or before expenses?

Revenue is before expenses or other costs of doing business. Revenue may be goods or services sold, or rent income , subscription income, interest income, or many other forms of income.


Examples of revenue income?

Give me a example of Revenue Income, pls?


Distinction of income taxs from revenue?

Revenue would be income. Income taxes would be a liability.


Is revenue another name for government income?

No. "Revenue" is any kind of income; it means "money collected". The government uses the word "revenue" to mean "money collected by the government", because the government is mostly concerned with how much money THEY collect, as opposed to somebody elses' revenue. The specific term for "government income" is a "tax".


What is the meaning of revenue receipt in context of income tax?

A revenue receipt in context with income tax is the time that revenue or income occurred. A revenue receipt can also be a type of proof of revenue, such as a W-2 Form from an employer.


Where does rent revenue go on an income statement?

Rent revenue appears under the Non-Operating Revenue Section on the income statement.


Where does other or rent revenue go on the income statement?

Other or rent revenue is also revenue which is not from basic operations of business that's why this revenue is shown as other revenue in income statement.


Difference between net income and revenue?

Revenue is all the money a business brings in. Net income is revenue minus all the expenses of the business. Net income is profit.


What is the revenue-net income?

Net income equals revenue minus expenses minus taxes So, revenue minus net income equals expenses plus taxes


Is revenue a credit or debit?

Revenue is income or a credit.


Is commission received a revenue?

It is a source of income/revenue.