What Does Revenue Mean? Contents[show] The revenue account is atemporaryequity accountthat increases total equity in the company. This means that the revenue account has a credit balance and is closed at the end of eachaccounting cycleto a permanent or balance sheet account. This makes sense ...
revenue在会计上的含义较严格,一般指企业的“营业收入”(“营收”),即企业产品和劳务的销售收入,以及利息、股利和租金等收入.在政府会计中,revenue指政府的各项税收收入,即“岁入”、“税收”.例如,美国政府岁入的主要来源是所得税和财产税等直接税,其次是货物税和营业税等间接税. 在“营业收入”这个概念上,incom...
Revenue vs Income It is important to note that many people use the term income to mean revenue. Perhaps a business owner sees money “coming in” from customers and logically refers to it as “income”. However, it is best to use the word sales or revenue when referring to the amounts...
Accounting is really a system or process of recording information and displaying it to people in an understandable way, so that they can make decisions based on the financial information. What Does Accounting Mean? Contents[show] Accounting is often called the “language of business” because it ...
Though its name includes "revenue," deferred revenue is a liability in accounting terms. It is money the company has already received for goods or services it still needs to deliver. Until the company fulfills its obligations, it owes customers the promised goods, services, or a refund. The...
What does revenue include in accounting? What are accounting periods? Why are expenses debited in accounting? What is a formal budget in accounting? What is an inventoriable cost in accounting? What counts as office supplies expense in accounting?
In accounting, expenses are the costs a business incurs to keep things running. They include everything from the rent on your office space to the software subscriptions that power your team. Expenses represent the money spent or liabilities incurred while you earn revenue. ...
What does crediting revenue mean in accounting? What is the role of accounts payable? What does paid in capital mean in accounting? What kind of account is wages payable in accounting? How do you balance a credit to accounts payable?
income n 收入, 收益, 进款, 所得这个一般是指 正常的 持续的来源 其实对于一般人来说就是工资revenue n.收入, 国家的收入, 税收这个是指通过投资 和 不稳定的方式获得的 收益（比如炒股）还有 可以指国家税收如有不满意 可与我百度HI联系 为您详细解答income[美] [ n k m] [英] [ ...
and expenses should be recognised in the financial statements that correspond to when they are earned regardless of when payment is received. In other words, accrual accounting focuses on the timing of the work that a business does to earn revenue rather than focusing on the timing of the ...