OPERATING REVENUE Definition

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OPERATING REVENUE is that revenue realized from the day-to-day operations of the entity, e.g., sales revenue.

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BAD DEBT is an open account balance or loan receivable that has proven to be uncollectible and is written off.

TOTAL LIABILITIES is all the obligations of the company, i.e. includes Total Current Liabilities, Long Term Debt, and any other miscellaneous liabilities the entity may have listed separately.

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