What is difference between profit, revenue?

Answer Posted / surya

Revenue is NOT the same as sales.
Revenue is the total of ALL income to the company, from
whatever source.

Profit is what's left over after ALL expenses, not just the
expenses of prosucing the products.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on ________Ad-Valorem Duties

1540


loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid

1612


What is the Assets & Liabilities?

1774


I need all WNS interview questions

429


Expand-------ANC

1769






Why you want to leave your present job while they offer you with good offer?

1492


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

1773


What are the benefits ofparticipation in a depository?

1997


The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

6533


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1439


Name some errors which can be detected by Trial Balance

1664


We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.

2000


What is a Balance Sheet & Profit & Loss Account?

1482


What is the basic difference between pledge, hypothication and mortgage????

1823


tell me about roll model as father

1700