What is the difference between Income and Revenue?
Answer Posted / srinivas sudagoni
Income is the amount which is received by a business other than it's core activities(i.e except ordinary business activities like Purchase and Sale of goods and services) for Ex: profit on sale of Fixed assets,interest received on investments etc.
Revenue is the money which is the receipt of the business in it's ordinary course of business i.e purchase and sale of goods and services.
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is digital banking?
Tell the name of the rbi governor of india?
What is use case model?
Does leasing release the firm from bad investment?
Comment on Demonetization?
What Is Irda And What Are It's Functions?
What Is Atm Banking (automated Teller Machine)?
What are your views on Pay tm?
What Is The Transaction Approach And Balance Sheet Approach To Measuring Net Income?
What is the difference between prop trading and market-making?
What Do You Know About Promoters?
what is your core comtetence
Merger of SBS with SBI, point of in your view. is this good dicition or bad by cent. govt./sbi.
1. EXPLAIN ‘ DISASTER RECOVERY PLAN’ AND ‘ BUSINESS CONTINUTY PLAN’ .
what is the short cut to select the credit note voucher in Tally ERP 9?