What is deference between Revenue and Income

Answer Posted / ashok

revenue includes cost and profitmargin
income is return on investment

Is This Answer Correct ?    2 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the Branch Accountant Responsbilities ?

3193


define accounting,scope of account , types of account ?

3081


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1481


what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1447


what is the step in preparing the schedule of audit? can someone explain for me?

1545






SOUTH ATLANTIC OIL AND GAS INC.is a fraud company

1622


What is Trade Recovery Estimate and how can we calculate it?

1513


capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

1800


What do u mean by pass through expenses? give examples, how it will be accounted & billed?

5468


Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office

1493


Expand ________FOR

1725


commisiion recieved journal entry and receipt required

1014


is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

1588


how many types of financial teribuanal? what is that?

1531


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

1628