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P21 Balancing Statement - Revenue

Income vs Revenue - Difference and Comparison Diffen

In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Provides information, publications, forms, and updates for residents and businesses about tax filing and preparation. Total revenue or total sales on the income statement represents the money generated by a business during the measurement period.

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Revenue on income statement
What's the difference between Income and Revenue? For a business, income refers to net profit i.e. what remains after expenses and taxes are subtracted from revenue.
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