SALES PROCEEDS Definition

Bookmark and Share

SALES PROCEEDS are the sum of the service units (products, services) sold by a corporation within a particular period. The sales proceeds are calculated from the quantities sold (pcs, kg, hrs) multiplied by the sales price per unit within a particular period.

Learn new Accounting Terms

PERPETRATE is to carry out an action, e.g., a crime.

COST-OF-LIVING LEASE is a lease where yearly increases are tied to the cost of living index.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.