6:16 PM
imran ali
Revenue receipts are generated in the day to day operation of business. A big portion of revenue receipts is occupied by the amount obtained from the regular sales of trading goods or services. The following are the some example of revenue receipts:
- Amount received from sale of trading goods.
- Amount received from sale of services.
- Interest received.
- Commission, discount received.
- Rent received etc.
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Accounting Errors
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