{"data":{"id":"us-nv/nrs-353.311","jurisdiction":"us-nv","citation":"NRS 353.311","heading":"“Revenue” defined.","body":"“Revenue” means the gross increase in ownership equity during a designated period. If the accounts are kept on an accrual basis, the term designates:\n1. Additions to assets which do not increase any liability or represent the recovery of an expenditure or contributions of fund capital in proprietary funds; and\n2. The cancellation of liabilities without a corresponding increase in other liabilities or a decrease in assets.\nÊ If the accounts are kept on the modified accrual basis, the additions must be measurable and available to finance expenditures of the fiscal period.","path":["TITLE 31 — PUBLIC FINANCIAL ADMINISTRATION","CHAPTER 353 - STATE FINANCIAL ADMINISTRATION","STATE ACCOUNTING PROCEDURES LAW"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-353.html#NRS353Sec311","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"4ce74fc93d69b6e72c94f994cd2160027883e0b29436eaaf5876289044bafd97","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-353.3087","next":"us-nv/nrs-353.3115"},"notice":"GroundRules: Original legal text. Not legal advice."}