Definition
Income earned by a business from its primary operating activities — the sale of goods or provision of services. Revenue is recorded at the top of the income statement and is the starting point for measuring profitability.
Accounting Glossary
Income earned by a business from its primary operating activities — the sale of goods or provision of services. Revenue is recorded at the top of the income statement and is the starting point for measuring profitability.
Practice this on iLove-Accounting
Practice it in Chapter 1: Journal Entries, with fresh AI-graded exercises and specific feedback.