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Related Definitions
Other revenues and gains A non operating activities section of the income statement that shows revenues from auxiliary operations and gains unrelated to the company operations.
Accrued revenues Revenues earned but not yet recorded at the statement date are accrued revenues. Accrued revenues may accumulate (accrue) with passing of time, as in the case of interest...
Unearned revenues Companies record cash received before revenue is earned by increasing a liability account called unearned revenues.
Revenues Revenues are the gross increase in owner’s equity resulting from business activities entered into for the purpose of earning income.
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