What is deference between Revenue and Income

Answer Posted / nimmasudhakar reddy

revenue means tornover of the company we can't minus costs
from revenue income is gain on revenue

Is This Answer Correct ?    0 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is invoice accounting rules?

1344


EXPAND___________LNG

1550


Can v transfer trail balance to journal entry how and with example?

1754


HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

1515


What are the benefits ofparticipation in a depository?

1577






Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it

1749


let me know the minimum Accounting Heads in an accounting system

4227


what is the accounting conventions

3505


What exactly is derivatives segment. can u explain futures and options with examples...

2201


we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

1620


what is joint venture?

1659


which Electrical items is Exciseible

1827


Whatis new GL & Odd G.L What is the difference between these two.

1653


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

1989


what is composition vat

1921