4. What is the difference between gross profit and net
profit?
Answer Posted / basavaraju
gross profit obtained after deducting sale and cost of
goods sold, balance represent as a Gross profit where as
net profit is obtained after deducting expenses of
administration etc., and balance represent as net profit.
| Is This Answer Correct ? | 25 Yes | 9 No |
Post New Answer View All Answers
what is the system of accounting and banking in cooperative bank?
fridge was capital or revenue?
Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund
Difference between cash and merchantile system?
how there face in lvbank interview
what are the questions commomly asked in reuter's interview.?
Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
how Mis reports are used?n why it is used ? explain
What is T+2 rolli g settlement cycle?
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
What are direct income and indirect income
How to Calculate PF with interest or without interest.
fd redeem interest and principal entry in tally