What is deference between Revenue and Income

Answer Posted / navdeep singh

Revenue is the total earning of a company in a financial
year and revenue is the net profit of the company.

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

we want all sbi previous questions papers in our e.mail krishna2043 on yahoo

1643


What will be entry pass in tally if TDS paid by Credit Card.?

1587


what are the rules and regulations of junior accountant

1900


ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

1360


What is the Accounts Payable & Accounts Receivable ?

1713






Why we reconcile our debtors? what steps we taken during reconciliation.

1594


what is investment banking

1472


I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK

1621


Expand---------DBPC

1683


what is purchase consideration? How does it come about and how is it treated in the books?

2045


The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me

1531


I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.

1665


What Are The Characteristics Of Modern Accounting?

4231


In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected

1668


Take me through the entire vendor cycle.

1514