revenue vs incomeForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › revenue vs incomeThis topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 4, 2021 at 1:21 pm #634284 ishikagoelMemberTopics: 2Replies: 1☆I have 2 questions:1) what is the basic difference between revenue and income?2) (a) Profit is the excess of income over expenditure. (b) Profit is the excess of revenue over expenditure. which of the above 2 statements would be regarded as correct? September 4, 2021 at 3:41 pm #634303 John MoffatKeymasterTopics: 57Replies: 54480☆☆☆☆☆Revenue is the total earned by the company from the sale of goods or services.Depending on the context, income is sometimes used as just another word for revenue, or is sometimes used as another word for profit.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In