Revenue Vs Income What Is The Difference? – Accotech
June 29, 2022 ⚊ 1 Min read ⚊ Views 150 ⚊ BUSINESS
The total amount of income generated by the sale of goods or services related to the company’s primary operations is referred to as revenue. Because it appears at the top of the income statement, revenue, also known as gross sales, is often referred to as the “top line.” Income, also known as net income, is the total earnings or profit of a business. When investors and analysts refer to a company’s income, they are referring to its net income or profit.
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