History, asked by 9753tanishqa, 5 days ago

who can define revenue​

Answers

Answered by lusiaquinn
2

Answer:

Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold. It is the top line (or gross income) figure from which costs are subtracted to determine net income. Revenue is also known as sales on the income statement.

money regularly received by a government, company, etc.

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Answered by 917873180036
1

Answer:

Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold. It is the top line (or gross income) figure from which costs are subtracted to determine net income. Revenue is also known as sales on the income statement.

Fees earned from providing services and the amounts of merchandise sold. ... Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.

In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees.

Money received by a firm from the sale of a given output in the market. Total Revenue: Total sale receipts or receipts from the sale of given output. TR = Quantity sold × Price (or) output sold × price.

Explanation:

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