Question

How the revenue collected helped to finance the company?​

Answer 1

Answer:

Revenue is a recurring (no pun intended) word here at ProfitWell. Making the most out of your company’s recurring revenue is our forte—often that means collecting money owed to you, otherwise known as revenue collection.

Answer 2

Answer:

Revenue estimates often drive expenditures in a local government's budget. We recognize these revenues using different bases of accounting depending on the type of transaction. Accounts and taxes receivable represent an asset to the government. ...