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Revenue

In accounting, revenue is a component of an entity's income that arises in the ordinary course of business/ activities (core...

Round Tripping

An accounting trick that involves the sale of unused or idle assets for a promise to buy them or their...

Contra Revenue Account

A contra account for revenues, i.e., a revenue account that has a debit balance, rather than the credit balance of...

Contra Revenues Account

A contra account for revenues, i.e., a revenues account that has a debit balance, rather than the credit balance of...