Question

difference between revenue and expenses​

Answer 1

Revenue

It serves as an umbrella term. Revenue encapsulates the totality of funds generated through the sale of goods and services. Total revenue is the number displayed on your balance sheet before calculating any fees, expenses, taxes, or deductions.

Expenses

The term “expenses” refers to any cost incurred during an attempt to deliver a product or service. A common term “overhead” is frequently misused in place of “expenses.”