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BCom Tuition > What is the difference between revenues and earnings?
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What is the difference between revenues and earnings?

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ECONOMIST

Revenue is earned by both govt as well as private firms. But earnings are earned by individuals for rendering sevices
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MBA

Earnings can be from various sources and revenue is one source out of them
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In simple words, revenue is total sales proceeds and earning is revenue minus cost.
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Revenues is the gross amount earned from selling goods or providing services during the period shown in the heading of the income statement. In other words, revenues is the amount earned before deducting the cost of goods sold, expenses, and losses. Earnings is the net amount earned after deducting...
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Revenues is the gross amount earned from selling goods or providing services during the period shown in the heading of the income statement. In other words, revenues is the amount earned before deducting the cost of goods sold, expenses, and losses. Earnings is the net amount earned after deducting the cost of goods sold, expenses and losses. It is often presented as net earnings or net income. read less
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