Examlex
Suppose you have a pendulum clock which keeps correct time on Earth (acceleration due to gravity = 9.8 m/s2) .Without changing the clock, you take it to the Moon (acceleration due to gravity = 1.6 m/s2) .For every hour interval (on Earth) the Moon clock will record:
Revenue
The total income generated by a business from its normal business operations, such as sales of goods or services.
Earned
Income or revenue that has been generated from business activities or services provided.
Cash
Money in the form of coins or banknotes, especially that used to operate a business.
Cash Basis
An accounting method whereby revenues and expenses are recorded when cash is received or paid, rather than when they are incurred.
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