EconPapers    
Economics at your fingertips  
 

REVIEW ON ACCOUTING OF REVENUE RELATED TO NET TURNOVER OF THE SMEs

Silvia Simionescu

Journal of Applied Economic Sciences, 2012, vol. 7, issue 3(21)/ Fall 2012, 291-301

Abstract: The categories or types of income included in the turnover characterize the profile of the basic business and, naturally, have the largest share in the total income of the entity. Analysing the layout of the profit and loss we see that the net turnover also includes the operating subsidies reflected through the 7411 "Income from subsidies related to turnover" account. In our opinion proceeds from the sale of goods cannot be recognized in case of the internal operations within companies, such as: the transmission of products and goods for sale in own shops, the use of goods for the internal needs of the company etc

Keywords: net turnover; profit and loss; income earned; revenue from services rendered; finished products; waste products; royalties; income from work; trade discounts offered (search for similar items in EconPapers)
JEL-codes: M12 M54 J53 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.jaes.reprograph.ro/articles/Fall2012/articles/SimionescuS.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ush:jaessh:v:7:y:2012:i:3(21)_fall2012:p:291

Access Statistics for this article

Journal of Applied Economic Sciences is currently edited by Laura Stefanescu

More articles in Journal of Applied Economic Sciences from Spiru Haret University, Faculty of Financial Management and Accounting Craiova Contact information at EDIRC.
Series data maintained by Laura Stefanescu ().

 
Page updated 2017-09-29
Handle: RePEc:ush:jaessh:v:7:y:2012:i:3(21)_fall2012:p:291