formula for Net profit and net loss?
Answers were Sorted based on User's Feedback
Answer / kartik patel
Net Profit = Total Revenue - Total Expenses.
Total Revenue = Indirect Income + Direct Income.
Total Expenses = Indirect Expenses + Direct Expenses + Applicable Taxes
Profit is benefit (earnings of money).
Net Loss = Total Expenses - Total Revenue.
Total Expenses = Indirect Expenses + Direct Expenses + Applicable Taxes.
Total Revenue = Indirect Income + Direct Income.
Loss is lost (losses of money).
| Is This Answer Correct ? | 2 Yes | 0 No |
how to select afile in window vista
What Does Hedgelet Mean?
What are mis reports and do you prepare it?
Which sistuation Current Assets become worKing capital?
A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.
What is the entry for bad debts recovered
10 Answers Core Logic, Libra International,
Hi Guys. Does anyone know any practising cost accountant in hyderabad? Pls help me. I would like to gain some practical experinence. Salary not an issue. Pls help me guys.
Explain the process of withhold tax invoice
define accounting?
what is differenct between capital expenditure and revenue expenditure?
how to pass journal entry when cash received in the form of gold or other form?
I Want to Submit My Income tax return by efilling Personally,Can it possible. if yes please send me your help to submit the same.I Can calculate my computation of income.