WHAT IS THE DIFF BETWEEN REVENUE AND INCOME??

Answer Posted / d.satyanarayana

Revenue is the Total amount of sales that a company has for
the particular period.
Income is the amount left after the expenses have been
subtracted from the Revenue for a particular period.

Is This Answer Correct ?    18 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is compound journal entry?

637


Can you differentiate accounting and auditing?

635


Purchase Goods worth rs.1000/ icluding vat of rs 40/ & Service charge receive 1000/ including service charge rs 123.60/ What will be entry in Tally? Please Define me?

1470


a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry

1504


HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES

2483






I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1281


What is the important of computerized accounting to manual?

664


How do we calculate the cost of investment?

1293


Define bills receivable?

736


what is ment by suspence account and dummy account

1565


What is an adjusting journal entry?

598


What is peach tree accounting?

643


how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)

1449


TDS %AGE ON CALLIBRATION CHARGES BILL

1490


what are the main important accounting entries for AP and AR ...

984