Yusafali: Classifications of Revenue Streams With Examples Revenue streams are the different sources from which a company earns cash from the sale of goods or the provision of assistance. According to Yusafali, the variety of income that a company records on its accounts rely on the kinds of activities taken out by the business. Generally speaking, the revenue accounts of retail businesses are more diverse, as compared to businesses that deliver services.
Types of Revenues To classify revenues at a top level, there are driving revenues and non-operating revenues. Operating revenues show the amount earned from the organization's core business operations. Sales of goods or services are some examples of functioning revenues. Nonoperating revenues refer to the cash earned from a company's side actions. Examples contain interest revenue and dividend revenue. Many different revenue accounts are utilized by companies in various industries. For the bulk of businesses, the following are a few common revenue accounts: Revenue from goods sales or service fees: This is the core driving revenue account for most businesses, and it is usually given a typical name, such as sales gain or service revenue.