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A level Business > capital and revenue income > Flashcards

capital and revenue income Flashcards

1
Q

income

A

money coming into the business

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2
Q

revenue income

A

related to the day to day trading of the business

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3
Q

examples of revenue income

A

cash sales , credit sales, rent, interest, commission

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4
Q

capital income

A

generated by an asset overtime

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5
Q

examples of capital income

A

bank loans received, sale of shares, capital invested by owners

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A level Business (22 decks)

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