Meritnation experts can we say Income and Revenue are same thing if not i need as per maths i am confused why we cannot say Revenue and Income are same i need only handwriten ans in a sheet of paper plz as i am a weak student AND DO NOT UNDERSTAND IN MERITNATION PLATFORM. SO KINDLY ANS IN A SHEET OF PAPER PLZ?!??
Dear Student,
Income and revenue are not same , income refers to the net profit after subtraction expenses and tax from revenue and revenue is the total amount of money an organisation receives after selling its products and services to customers so both are different things.
Regards.
Income and revenue are not same , income refers to the net profit after subtraction expenses and tax from revenue and revenue is the total amount of money an organisation receives after selling its products and services to customers so both are different things.
Regards.