Answer Posted / lakshmi prasanna.bonthu
revenue means total income of that financial year.
but profit is different from revenue,
profit means the amount of revenue (or) income which exceeds
the expenditure of that financial year.
in simple words, its the difference b/w expenditure & income
in one financial year.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
what are the limitations of accounting conventions
what is payment written
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
How to group the companies in tally?
How much mathematics knowledge is necessary or required in accounting?
what is current rate of excies duty for a manufacturing company?
What is the meaning of scrap value in accounting?
Explain have you ever prepared mis reports and what are these?
WHAT IS OPERATING CYCLE?
what single discount is to2 successive discount of 10%& 15%
journal entry for prepaid insurance and salary outstanding
sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .
What is capital adequacy ratio? What is demat account?
