in final account sales are termed as----- ( other income/ revenue from operation)
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revenue from operation
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In final account, sales are termed as revenue from operation
Explanation:
Sales are termed as revenue from operation in Final accounts. Sales are considered to the income generated from the daily business transactions of the enterprise. When the income is generated continuously then it means the business is making good profits. Sales are considered to be a subset of revenue. Sales are known as the amount paid by the customer for buying the goods produced by the enterprise. Sales and revenue are the same in some cases.
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