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Answer Posted / saurabh seth
Total revenue in an accounting period less all expenses
during the same period. If income taxes are not deducted,
it is called operating profit (or Loss, as the case may
be). Also called earnings, net earnings, or net profit.
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Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
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