Money receipts or proceeds from the sale of a good is called Revenue. It is the income earned by a firm from its sales. For example- If a firm sell 200 pens each for $15, then firm earns revenue of $3000 (2005).
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Money receipts or proceeds from the sale of a good is called Revenue. It is the income earned by a firm from its sales. For example- If a firm sell 200 pens each for $15, then firm earns revenue of $3000 (2005).