Question

sales is also known as------------​

Answer 1

Answer:

sales is also know as revenue

Answer 2

Answer:

Sales is also known as Net sales.​

Explanation:

• Sales is also referred as net sales or revenue.
• Sales are directly reported to the income statement as sales.
• Revenue is the money that is generated from normal business operations.
• Revenue is also called as sales on the income statement.
• Sales are the activity which is related to the selling or the number of goods sold in a given targeted.
• Sales are governed by the common law and commercial codes.
• Sales is also the transactions between two parties who exchange tangible or intangible goods or services.
• Sales is the contract between seller of the particular good or service and a buyer.

Hence, sales is also known as net sale or revenue.