What do you understand by revenue, Accounting Basics

Q. What do you understand by Revenue?

Revenue -- Amounts received by or due a company for services or goods it provides tocustomers. Receipts are cash revenues. Revenues can also be signified by accountsreceivable.

Posted Date: 8/16/2013 6:42:31 AM | Location : United States

Related Discussions:- What do you understand by revenue, Assignment Help, Ask Question on What do you understand by revenue, Get Answer, Expert's Help, What do you understand by revenue Discussions

Write discussion on What do you understand by revenue
Your posts are moderated
Related Questions

Preparing financial statements for a merchandising business (The statements are completed in this order.) 1.  Income Statement (contains only expenses and revenue and show

Its depends on the credit period of the company i.e. A company credit period 30 days 85 of the debtors collection should be recovered with in credit period. We can say the Effectiv

Q. Salary potential of accountants? Selecting a major represents much additional than the choice of courses a student takes in college. To a significant degree, the student's m

when creating a trial balance, which account balances carry over from previous months

State the term- Purchases Returns and Allowances Purchases Returns and Allowances is the name of the account which provides better control of allowances and returns of mercha

Q. Understand how to account for transportation costs? FOB terms are particularly important at the end of an accounting period. Goods in transit after that belong to either the

Hi, How to get help with tutor, in accounting exam prepartion? please suggest?

The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount

Tips to be keep in mind while preparing the Financial Statements : 1. Objects given in the trial balance must be revealed only once as it is assumed that they are already adjust