Service revenue is often a reflection of customer demand and serves as a valuable indicator for assessing customer satisfaction with a product or service. In simple terms, sales revenue quantifies the income generated from product sales, while service revenue measures the income derived from delivering services. Both Sales Revenue and Service Revenue are vital components […]
Sales Income vs. Service Income: Understanding the Key Differences for Company Accounts
In the world of corporate finance and accounting, understanding the nuances of different revenue streams is paramount. Two primary sources of revenue for businesses are Sales Income and Service Income. While both contribute to a company’s bottom line, they differ significantly in their nature, recognition, and accounting treatment. In this article, we will delve into […]
Spend your some free time with your loved ones
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, […]
Best way to keep your office secure on pandemics
There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don’t look even slightly believable. If you are going to use a passage of Lorem Ipsum, you need to be sure there isn’t anything embarrassing hidden in the middle […]
What should you do if you suffer from COVID-19
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many […]