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Charlie's chocolates' had stock issuances of $78,000 and dividends of $34,000. The company has revenues of $111,000 and expenses of $78,000 so, Net income will be equal to= Revenue - Expenses

=111,000-78000 which is equal to =$33,000

While expense refers to a cost incurred in the course of producing or providing a core company function, revenue is the phrase used to represent income made via the provision of a business's primary goods or services.

When a business sells its products or services, the gross proceeds are referred to as "revenues" or "sales." Because there are always certain costs associated with manufacturing (both constant and variable), these must be subtracted as expenses from revenue to determine a company's net profit.

Salaries, wages, and employee benefits, marketing and advertising, rent, energy costs, insurance, taxes, interest, depreciation, and amortization are just a few examples of the many various sorts of expenditures that might be associated to expenses.

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