answersLogoWhite

0

An asset is a valuable property owned by a company, available to meet debts. Revenue is any income a company receives.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Is sales revenue an expense or asset?

Sales is a revenue not an expense or asset while difference between sales and expense is profit which is liability for business.


Whats the difference between an assets ability to generate revenue and its ability to generate profit?

The difference between an asset's ability to generate revenue and its ability to generate profit is generating revenue refers to the asset producing a cash flow that is linked directly to the asset. If the asset was not there, then no money would be made. Assets that generate profit do not produce cash directly, but influences consumer and competitor behavior with the intention of producing more revenues.


What is difference between fixed asset and inventory?

What is the difference between fixed asset and inventory


The difference between the cost of an asset and the accumulated depreciation for that asset is called?

Book Value is the difference between the cost of an asset and the accumulated depreciation of that asset.


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.


What is the difference between a revenue center and a support center?

what is the difference between revenue center and suport center


Differentiate between net asset aur current asset?

Working capitol is the difference between net asset and current asset.


Is accrued revenue an asset?

no, its a revenue


Is unearned revenue an asset or a liablity?

asset


What is the difference between Cost of revenue and revenue?

m mnmk


Is cash considered an asset or revenue?

Revenue


What is rent paid Asset or revenue?

Revenue