Revenue vs Income

[@monishak7592]

Easy understanding...

[@kamalik8100]

Very helpful information sir💜. I hope you posts more information shorts about accounting terms like this😊

[@LakshaniRathnayake-o8p]

Hakavznzlx

[@LakshaniRathnayake-o8p]

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[@keerthanapk3445]

Thank youuuu❤

[@ReshidSeid-q1s]

You are great

[@gowthams3787]

Sir when you were explaining different between revenue and sales you told sales is from core business operations and revenue consists of all the earnings I am confused please explain

[@shrutiBuzz]

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[@SahebAcademy]

Damn right😄

[@shrutiBuzz]

@@SahebAcademy 😆😆

[@lokeshkh938]

sir Debtors and Bills receivable both are same?

[@SahebAcademy]

Debtors are the individuals or entities from whom we have to recieve the money because we might have sold them goods or services on credit. Same sort of concept applies in bills receivable but here a written promise is involved to pay on certain future date and this piece of paper is called as a bill of exchange and it is often used for more formal and extended credit arrangements.

[@lokeshkh938]

Thank you sir

[@muhammadsalaar2493]

Bro debtors and account receivable are same

[@goalachievepath]

❤

[@Monika-mons]

Then profit??

[@uniquejokes4149]

Income - Expences

[@SahebAcademy]

Profit is the difference between the total income and all the expenses incurred to earn it. Profit is also called as Net Income.

[@aliyashaikh8449]

Cash flow and fund flow chapters

[@SahebAcademy]

#1 Cash Flow Statements - Concept, Format and Adjustments kzbin.info/www/bejne/p36ummWHaN1ji6M

[@Thepositivebelief]

❤