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Revenue

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Classification of Accounts and the Accounting Equation

MS: Hasil · EN: Revenue · ZH: 收入

Meaning

Revenue is the income earned by a business from its main and secondary activities during an accounting period. Revenue increases profit and is recorded on the credit side of the account.

Example

For example, Sinar Grocery earns sales of RM80,000 (main revenue) plus commission received of RM1,200 and bank interest of RM300 (other revenue) in one year.

Source: DSKP KSSM Prinsip Perakaunan Tingkatan 4

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