what is the difference between earnings and profits
Answers were Sorted based on User's Feedback
Answer / aktiwari13
Earning is total Sale of the year or month and profit
decide Less all direct and indirect expense
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rajukharade@yahoo.com
earnings is nothing but excess amount derived from day to day
activities e.g sales services etc and profit means excess
amount derived from non recurring activities e.g sale of
machinery
Is This Answer Correct ? | 9 Yes | 8 No |
Answer / amit ilaitkar
Earning means getting money by doing day to day activities
e.g. I am getting salary on monthly basis. And profit means
doing such activity by intentionally to get surplus or
profit by deducting cost incurred (direct & indirect).
Earning is not always profit but profit is always earning.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / thirumalvathy
Earning is how many amount getting in day by day.Profit is
calculating in yearly by earding of Month
Is This Answer Correct ? | 0 Yes | 3 No |
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