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3/not/or2TORMMR.AR (Raised 3/98)STATE OF UTAH DEPARTMENT OF NATURAL RESOURCES DMS ION OF OIL, GAS AND MINING 1594 West North Temple Suite 1210 Box 145801 Salt Lake City, Utah 841145801 Telephone:

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What is revenues and expenditures?

Revenues refer to the income a company generates through its normal business activities, while expenditures are the expenses incurred by the company.

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Businesses, organizations, and individuals who generate income and incur expenses are required to file revenues and expenditures.

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The purpose of revenues and expenditures is to track the financial performance of a company and ensure that it is operating profitably.

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Information such as total revenue, expenses, net income, and other financial metrics must be reported on revenues and expenditures.

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