Sales Revenue
Sales revenue is the total income generated from selling goods or services before deducting any costs or expenses. It’s the top line of the income statement and reflects the company’s primary income source. Tracking sales revenue is essential for profitability analysis and business performance evaluation.
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Share Capital
Share capital is the total amount invested in a company by shareholders in exchange for shares. It represents a key…
Stocktaking
Stocktaking is the physical counting and verification of inventory on hand at a specific point in time. It ensures the…
Service Revenue
Service revenue is income earned from providing services rather than selling physical goods. It is recognised when the service is…
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