what is the difference between earnings and profits
Answer Posted / 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 |
Post New Answer View All Answers
What is fair value accounting?
How do I charge bank charges on payments to clients
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
What is the difference between provision and reverse?
Is it possible contra entry in SAP FICO
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
What are the different branches of accounting?
In accounting, how do you define the premises?
what is the head for stock trnasfer
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
How can you made payment when bill come from vendor, what is the bills have you check.
What is the difference between accrual
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com