Revenue. Revenue definition, the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses. Revenue is also known as sales on the income statement.
Revenue definition is - the total income produced by a given source.
The income of a government from all sources appropriated for the payment.
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Revenue is also known as sales on the income statement. In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Revenue is the total amount received by a business or recognized as earned when the business In modern accountancy, revenue is recorded when it is earned not when the cash is received from.
