Search Engine

Custom Search

Monday, June 22, 2009

REVENUE

REVENUE is the income that firm or organization or the company receives through the business activities through the sales of goods or through the services that is provided to the customer.
IN many country revenue is referred to be the turnover. Total expenses subtracting from the total revenue gives the total profit of the firm at that particular time. For non-profitable institutions revenue is referred to be the gross receipts. It includes the profit or income through the service plus the donations. For government revenue includes the income tax
received through the firm and individuals and the various duties.

No comments:

Post a Comment