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Identity two examples whre cashi is received by the business but it is not recorded as revenue.

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Identity two examples whre cashi is received by the business but it is not recorded as revenue.

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  1. Revenue is cash generated by the service that the business performs.

    One example of cash that is not revenue is if the business takes out a loan. I am sure you can think of another example like this yourself.


  2. A couple of cash received transactions that are not recorded as revenue, but may eventually affect profit or loss are: loan received and sale of shares.

      

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