Give me a example of Revenue Income, pls?
Basically, incomes and expenditures that take place regularly, as opposed to capital income and expenditure. Salaries, Rent, Printing and Stationary are examples of Revenue Expenses. Discount allowed, Rent received etc, are examples nof Revenue Incomes
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
capital income is the money raised to set up a new business or expand an existing one and revenue income is the money generated by a business as a result of its day to day operations
Revenue would be income. Income taxes would be a liability.
Give me a example of Revenue Income, pls?
Basically, incomes and expenditures that take place regularly, as opposed to capital income and expenditure. Salaries, Rent, Printing and Stationary are examples of Revenue Expenses. Discount allowed, Rent received etc, are examples nof Revenue Incomes
Income comes from selling a product. Income can also come from a business leasing a facility or land to another business.
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
capital income is the money raised to set up a new business or expand an existing one and revenue income is the money generated by a business as a result of its day to day operations
Revenue would be income. Income taxes would be a liability.
A revenue receipt in context with income tax is the time that revenue or income occurred. A revenue receipt can also be a type of proof of revenue, such as a W-2 Form from an employer.
Other or rent revenue is also revenue which is not from basic operations of business that's why this revenue is shown as other revenue in income statement.
Rent revenue appears under the Non-Operating Revenue Section on the income statement.
Net income equals revenue minus expenses minus taxes So, revenue minus net income equals expenses plus taxes
Revenue is all the money a business brings in. Net income is revenue minus all the expenses of the business. Net income is profit.
It is a source of income/revenue.