Revenue versus Proceeds

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?
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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.Sign up

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