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Revenue is the money you collect for providing a product or service.
What is revenue accounting definition. Revenue is money brought into a company by its business activities. Revenue is also known as sales as in the price to sales ratio an alternative to the price to earnings ratio that uses revenue. Revenue is different from earnings which is what s left of your revenue after subtracting the costs of producing or delivering the product or service and any taxes you paid on the amount you took in. Home accounting dictionary what is revenue.
Revenue also called a sale is an increase in equity related to the sale of a product or service that earned income.
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