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Revenue = Total Sales or total earnings or Gross income of the company before deducting cost of goods sold/Expenses/ Losses to.
Earnings = Means net income after deducting all expenses to generate total revenue. Its also called Net Earnings or Net Profit or Net Income.
Revenues are income earned out of selling of goods and services.The revenue figures doesn't include Cost of Goods Sold,expenses etc
Earnings are Net income earned after deduction of cost of goods sold & expenses
‘Revenue’ is the gross amount earned from selling goods or providing services during the period shown in the heading of the income statement. In other words, revenues are the amount earned before deducting the cost of goods sold, expenses, and losses. Whereas ‘Earnings’ are the net amount earned after deducting the cost of goods sold, expenses and losses. It is often presented as net earnings or net income.
Agreed to Sohail lone>>>>>>>>>>>>>>>>.
Revenue is the gross earnings before deducting any cost of goods, expenses and any loss (indicated at the top of income statement) also known as sales while earnings is the net income after deduction of cost of goods, expenses, and any loss (indicated at the bottom of income statement)
EARNING IS A INCOME GENERATED FROM BUSINESS AND REVENUE IS THE SAME BUT IN ACCOUNTING LANGUAGE ITS CALLED AS REVENUE
