Revenue versus Proceeds

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			              Accounting Equation > Forum
			            
			              Revenue versus Proceeds
Jeff Zhang, Accountant, China, Member
			                
			                What's the difference between revenue and proceeds in accounting? In which conditions we use proceeds?

Thanks for your advice......
			            
			                  	Revenue and Proceeds
														
														gulandam, Student (University), Pakistan, Member
Revenue is the income received by an organization from all of its activities. If the organization is a country or state, then revenue is from taxes.

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