Revenue

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....EGAL AND COMMERCIAL DICTIONARY Revenue. Gross income or receipts; earnings; intake; proceeds; return or yield. The word "revenue" is a word of somewhat indefinite import, but in its ordin....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ertaining profits arising from the business of a company, capital account and revenue account are prima facie to be treated as separate accounts. The credit balance of revenue account is applicable fo....