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Is there any difference between Income and Profit

Answer Posted / satyaki_raju@yahoo.com

Income is the term used to indicate the amount received or
receivable which would be the source of earning profit.
Profit is the surplus of income over expenditure.
Try to post question or answer thru your e-mail. It will
help you to see the answer. It will help to revise and
upgrade yourself in the subject.This is a very good site
which help you to develop yourself.

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