Revenue versus Proceeds

Accounting Equation
Knowledge Center

 

Next Topic

Accounting Equation > Forum > Revenue versus Proceeds

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... (...) Read more? Sign up for free

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


  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.
Proceeds is money obtained from specific events or activities, such as selling. Proceeds may be 'gross' -- before your expenses -- or 'net' -- after paying your expenses.

   
Special Interest Group Leader

Interested? Sign up for free.


Accounting Equation
Summary
Forum
Revenue versus Proceeds
🔥What's the Use of Accounting? Why Accounting?


Accounting Equation
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.5 - Last updated: 30-5-2020. All names of their owners.