Which of the following is included in revenue from operations in the statement of profit and loss of a manufacturing company? a) Sale of products b) Sale of services c) Other operating revenues d) Rent received e) Dividend income
Options:
abcde
cde
abc
cde
Correct Answer:
abc
Explanation:
The items included in the Revenue from operations are: (i) Sale of products (ii) Sale of services (iii) Other operating revenues But for a finance company, revenue from operations shall include revenue from interest, dividend and income from other financial services.