Difference between revisions of "Fiscal Revenue"
m (Gary moved page Revenue to Fiscal Revenue) |
|||
| Line 1: | Line 1: | ||
| − | [[Fiscal Revenue]] | + | [[Fiscal Revenue]] (or, simply, [[revenue]]; hereinafter, the ''Revenue'') is an amount earned by performing services for customers or selling goods to customers; the ''Revenue'' can be in the form of cash or [[accounts receivable]]. The ''Revenue'' is a subdivision of [[owner's equity]]; as the ''Revenue'' increases, [[owner's equity]] increases. [[Expenses]] is the most common [[adjusting account]] for the ''Revenue''. |
Revision as of 20:37, 11 December 2018
Fiscal Revenue (or, simply, revenue; hereinafter, the Revenue) is an amount earned by performing services for customers or selling goods to customers; the Revenue can be in the form of cash or accounts receivable. The Revenue is a subdivision of owner's equity; as the Revenue increases, owner's equity increases. Expenses is the most common adjusting account for the Revenue.
