Revenue-Generating Transaction

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A Revenue-Generating Transaction is an economic transaction that results in the receipt of money.



References

2015


  • http://finance.vermont.gov/faq/state_glossary#R
    • QUOTE: Revenue - The income attributable to a designated fiscal accounting period that will affect the balance (surplus) or deficit resulting from the operations of that period. Certain items earned during that period are also considered revenue of that period even though the cash is not received until a subsequent period.