Whether a tax is characterized in the statute imposing it as a privilege tax or an excise. tax is merely a choice of synonymous words, for an excise tax is a privilege tax.â) Thus, the excise tax now before us is, by more complete description, purportedly an. losthorizons.com.
Plantation FL, October 23, 2007âTradeStation Group, Inc. (NASDAQ GS: TRAD) today reported for the 2007 third quarter record net revenues of $40.3 million, record net income of $9.7 million, record earnings per share of 22 cents, and record daily average revenue trades (DARTs) of nearly 88,000.
Accrued revenues are recorded as receivables at the end of the year to reflect the amount of money the customers owe the business for the goods or services they purchased. What Does Accrued Revenue Mean? What is the definition of accrued revenue? You can think of these revenues as the opposite side or the transaction from an accrued expense. When one company records an accrued expense during a period, the other company records revenues.