Trial Balance: Difference between "Sales" and "Revenue"
Hi,
could somebody please help me to understand the difference between "Sales" and "Revenue" in the Trial Balance?
I have an amount appearing in "Sales, Account 1 Default Sales/Discounts", and I don't quite understand why. To me it seems that the same amount is also included in "Revenue, 4100 Product/ Service Sales".
I might have made mistake when posting, and I want to double check that I did not do some double posting, or that I missed something.
Also, the amount in "Sales" is shown as a positive amount, while amounts in "Revenue" are shown negative.
As always, any help would be greatly appreciated.
MacPhotoBiker
Just Core Business Inc.
[url]http://www.justcorebusiness.com[/url]
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