Business-Government-NGO-Professional revenue
What are the difference between Business versus Govt. versus NGO revenue versus Professional revenue?
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Business versus Govt. versus NGO revenue versus Professional revenue:
Business revenue signifies net sale by business organization and as well included other incomes such as dividend, interest and rent.
Government revenue signifies all revenue such as income tax, excise duty and other tax that is collected by Government from public and in revenue this, we too comprise all other revenue of Government departments.
NGO revenue is the income from donation and subscription fees through donors.
Professional revenue is the income for giving professional services.
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Define Revenue in terms of Accountancy in brief?
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