What Is The Difference Between Revenue & Income – Accountants In Islamabad
October 11, 2022 ⚊ 1 Min read ⚊ Views 84 ⚊ BLOG
Revenue is commonly referred to as the business’s top line since it is the first line that appears on an income statement. An income statement is a document that includes all of the calculations from revenue to income.
Income is sometimes known as the bottom line of a firm since it is the last line on an income statement. It is crucial to understand that income is not the same as gross profit or a few other expressions you may have seen; however, more on that in a moment.
Tags: accounting, Revenue Vs Income
