Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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


Please Help Members By Posting Answers For Below Questions

Into which account do we close the revaluation account balance during the winding up of a company?

1946


Do you know partitioning in accounting?

1061


what's the mean by Imprest system? Please give me Replay on this no. 9885789716

1914


What do you know about this position?

1095


WHAT ARE THE MOST ELEMENTS OF YOUR JOB?

1913


Wha is difference between expenses and expenditure

1799


List out some of the examples for liability accounts?

976


Define "book value" as applied to accounting

1055


What is accounts receivable?

1090


What is deferred account?

1211


Who is the sundry creditors

1549


what is penaultimate sale

2045


Tell me in accounting, vat abbreviates what?

1158


What is the difference between costing and cost accounting?

1027


PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

2023