Revenue on the income statement for the year ended december 31, 2020 equals the ______.

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04-02-2022
Business

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Revenue on the income statement for the year ended december 31, 2020 equals the ______.

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mboluwape mboluwape · Answer 1 · 2022-02-14T13:09:07+01:00

There is always a reward for every labour, Revenue on the income statement is equal to the amount earned by selling to customers during 2015.

What is revenue?

Revenue is the money generated or given as a reward in exchange for business transactions such as buying and selling.

Therefore, revenue on the income statement for the year ended December 31, 2020 is equal to the amount earned by selling to customers during 2015.

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