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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.
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.
Differentiate between net asset aur current asset?
Working capitol is the difference between net asset and current asset.
What is the difference between a revenue center and a support center?
what is the difference between revenue center and suport center
Is accrued revenue an asset?
no, its a revenue
What is the difference between capital income and revenue income?
Revenue Income:which is earned or generated by sales of goods or services.Capital Income:Cash or goods used to generate income by investing in business or other property.Example:Investment in shares and gain on sale of asset.
What is the difference between Cost of revenue and revenue?
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In accounting profit is the difference between what?
difference between revenue and costs
Is unearned revenue an asset or a liablity?
asset
