Eli5: What is the difference between “sales” and “sales of product income” when dealing with accounting?

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Eli5: What is the difference between “sales” and “sales of product income” when dealing with accounting?

In: Economics

Anonymous 0 Comments

They actually are the same for most companies.

If you only sell products then that’s just the whole thing.

in some cases though you’ll have companies use different accounts like ‘Sales of Product Income’ ‘Credit Income’ ‘Subscription income’ or something to differentiate.

But unless you have something like that you’re trying to distinguish, its the same