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2. Love Doddle is a gifting enterprise of Ms. Dorati. The enterprise generates inflows byarranging gift hampers for the customer's loved ones. The inflows arises from the sale ofgift hampers Rs 505000 and from bank interest, dividend receipt RS4200. Ms. Dorati isconfused on how to record these inflows. She would like to understand from you aboutthe concepts Revenue from operation and other income, so that she can record theinformation so as to prepare the profit and loss statement of the enterprise. Define, shareexamples, and elaborate on your understanding towards the terms Revenue fromOperation and Other Income(10 Marks)​

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ANSWER:

Also you can add DIFFERENT examples of both the TERMS.



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