Revenue or Sales – TOP LINE

TOP LINE is also known as Sales, Credit Sales, and Revenue.

The Top Line is the first entry of the Income Statement. It represents total sales made during the period of performance (e.g. the Annual Sales, Quarterly Sales, etc.). Sales are logged into the Income Statement even before the customer pays their bill. That means when the customer buys a product on credit today, the sale is complete today even though they still owe a balance.