Question

What is revenue? Explains its types

Answer 1

The term revenue refers to the income obtained by a firm through the sale of goods at different prices

There are two types of revenue:-

Operating revenue is revenue you receive from your business’s main activities, like sales.

Non-operating revenue is money earned from a side activity that is unrelated to your business’s day-to-day activities, like dividend income or profits from investments.

Answer 2

Answer:

money regularly received by a company or government etc.

Explanation:

types of revenue accounts are

1. sales
2. rent revenue
3. dividend revenue
4. interest revenue
5. contra revenue.