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LSDefine

Simple English definitions for legal terms

current revenue

Read a random definition: plain error

A quick definition of current revenue:

Current revenue is the money that someone earns from their job, business, investments, or other sources of income during a specific period of time. It is the money that they receive regularly, like a paycheck or rent payment. This is different from money that they have earned but not yet received, which is called accrued income. Current revenue is used to calculate taxes and is an important part of a person's financial situation.

A more thorough explanation:

Current revenue refers to the money or payment received periodically from employment, business, investments, royalties, gifts, and other sources within the present accounting period. It is also known as current income.

Examples of current revenue include:

  • Salary earned from a job
  • Profits earned from a business
  • Interest earned from investments
  • Royalties earned from creative works
  • Gifts received from family or friends

These examples illustrate how current revenue is the income that one receives within the current accounting period. It is different from accrued income, which is money earned but not yet received, and deferred income, which is money received at a later time than when it was earned.

current obligation | current wages

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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