Accountancy, asked by EmamAli2450, 28 days ago

What is difference between gross revenue and net revenue?

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Answered by reshitha295

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Answered by mdayanjamal123

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When gross revenue is recorded, all income from a sale is accounted for on the income statement. ... Net revenue reporting is instead calculated by subtracting the cost of goods sold from gross revenue and provides a truer picture of the bottom line.

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