Sales
Sales represent the total revenue earned from selling goods or services during a specific period. It forms the backbone of a company’s income statement. Sales can be classified as cash or credit and are key to evaluating a business’s growth, market demand, and operational success.
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Sales Revenue
Sales revenue is the total income generated from selling goods or services before deducting any costs or expenses. It’s the…
Service Revenue
Service revenue is income earned from providing services rather than selling physical goods. It is recognised when the service is…
Segment Reporting
Segment reporting breaks down a company’s financial results by business unit, geography, or product line. It enhances transparency and helps…
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