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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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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...

    Round Tripping

    An accounting trick that involves the sale of unused or idle assets for a promise to buy them or their...

      Contra Revenue Account

      A contra account for revenues, i.e., a revenue account that has a debit balance, rather than the credit balance of...

        Contra Revenues Account

        A contra account for revenues, i.e., a revenues account that has a debit balance, rather than the credit balance of...