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Accounting

  Accounting   |   Terms
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  • April 15, 2021
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Revenue

In accounting, revenue is a component of an entity’s income that arises in the ordinary course of business/ activities (core activities), mainly including sales (of goods/ services), rent, dividends, royalties, interest, fees, etc. Revenue is a gross figure representing the gross inflow of economic benefits, in the normal course of business, that leads to increases in equity (other than increases associated with contributions from equity holders).


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