Respuesta :
Revenue is recorded on the cash basis of accounting when cash is received, and only cash payments are recorded.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. It is the top line amount from which costs are deducted in order to calculate net income. On the income statement, revenue is also known as sales. The money received from regular business activities is known as revenue, sometimes known as sales or the top line. Operating expenses minus revenue equals operating income. Non-operating income is sporadic or irregular money that comes from other sources.
Governments, charities, and other non-profit organizations, as well as private persons, all record revenue, albeit the methods and sources used vary. Revenue just includes the revenues from sales; income and profit also include the costs incurred in order to produce revenue and disclose net earnings.
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