CA Inter AS 9 | Revenue Explained Simply Advanced Accounting | What is Revenue?

Revenue does not come from only selling products. According to Accounting Standards, revenue can arise from: ✔️ Sale of Goods ✔️ Rendering of Services ✔️ Use of Enterprise Resources by Others That is why: * Rent is revenue * Interest is revenue * Dividend is revenue Because someone else is using our resources and paying us in return. Once this logic becomes clear, the entire concept of revenue recognition becomes much easier to understand. Concept clarity greater than Mugging up definitions. #CAStudents #CAInter #CAFinal #Accounting #AS9 #RevenueRecognition #CommerceStudents #CAClasses #AccountingConcepts #IndAS #FinanceEducation #CAAspirants #StudyWithConcepts #AccountsMadeEasy #SudarshanSir