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Definition of Realized Revenue
A revenue transaction where goods and services are exchanged for cash or
revenue recognized on a nonexistent sale or service transaction.
the revenue resulting from an additional contemplated sale
Bond issued by local government agencies on behalf of corporations.
Refers to all federal tax laws as a group.
A federal agency empowered by Congress to interpret and enforce tax-related laws.
The amount sold after customers’ returns, sales discounts, and other allowances are taken away from
revenue recognized for a confirmed sale or service transaction in a period
services are readily convertible into known amounts of cash or claims to cash.
Yield assuming that coupon payments are invested at the going market interest
Increases or decreases in the fair value of an asset or a liability that
The return that is actually earned over a given time period.
a method of accounting for byproducts or scrap that does not recognize any value for these products until they are sold; the value recognized
Income earned from the sale of goods and services.
Amounts earned by the company from the sale of merchandise or services; often used interchangeably with the term sales.
An inflow of cash, accounts receivable, or barter from a customer in exchange
A bond issued by a municipality to finance either a project or an enterprise where the issuer
a responsibility center for which a manager is accountable only for the generation of revenues and has no control over setting selling prices, or budgeting or incurring costs
Operating expenses that vary in proportion to
A fund accounting for all revenues from an enterprise financed by a municipal revenue bond.
The act of recording revenue in the financial statements. revenue should
Sales Revenue Revenue recognized from the sales of products as opposed to the provision of
revenue recognized from the provision of services as opposed to the sale of
Total sales and other revenue for the period shown. Known as "turnover" in the UK.
Money that has been paid by customers for work yet to be done or goods yet to be provided.
A payment from a customer that cannot yet be recognized as earned
Lost revenue that would otherwise have been realized if a different
Production payment financing
A method of nonrecourse asset-based financing in which a specified
Tax deferral option
The feature of the U.S. Internal revenue Code that the capital gains tax on an asset is
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