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What is the difference between revenue and rece...

What is the difference between revenue and receipts?

What is the difference between revenue and receipts?

0
Chiranjibi Chapagain Aug. 27, 2018

Revenue can be accrual. Receipt are pure cash based.


It means, I can book a income in my books even if I haven't received the money yet. My receipts will only show the total amounts I have received.


Hope you get the gist.

What is the difference between revenue and receipts?

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