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प्रश्न
Giving example, explain the following accounting term:
Revenue
उत्तर
Revenue- It refers to the amount received from day to day activities of business, viz.
Amount received from sales of goods and services to customers; rent received, commission received, dividend, royalty, interest received, etc. are items of revenue that are added to the capital
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संबंधित प्रश्न
Give any three examples of revenues
Distinguish between debtors and creditors; Profit and Gain
Giving example, explain the following accounting term:
Fixed assets
Giving example, explain the following accounting term:
Expenses
Giving example, explain the following accounting term:
Short-term liability
Giving example, explain the following accounting term:
Capital
Define revenues and expenses?
Explain the meaning of gain and profit. Distinguish between these two term
