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Types of Revenue

Asset
Asset

Generally speaking, the higher the asset turnover ratio, the better the company is performing, since higher ratios imply that the company is generating more revenue per dollar of assets. The asset turnover ratio tends to be higher for companies in certain sectors than in others.

Equity
Equity

Assets, Liabilities, Equity, Revenue, and Expenses This Accounting Basics tutorial discusses the five account types in the Chart of Accounts. We define each account type, discuss its unique characteristics, and provide examples.

Expense
Expense

Expenses are matched with revenues or with the period of time shown in the heading of the income statement, not in the period when the expenses were paid. This reflects the basic accounting principle known as the matching principle.

Liability
Liability

Revenue minus expenses equals your operating profit -- the profit your company made in its business. Revenue and expenses are distinct from "gains" and "losses," which represent money made or lost on the sale of company assets or other activities outside the day-to-day operations of the company.

Non
Non

Revenue (including interest or profit) from investment funds (collective investment schemes), sovereign wealth funds, or endowments Revenues from sales of state assets Rents, concessions, and royalties collected by the state when it contracts out the right to profit from some good or service to a private corporation.

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Revenue
Revenue

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.

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