Clarity required
This query is : Resolved
22 August 2014
can someone please give me a clarity in the concept of gross book value and net book value! and gross profit and net profit
22 August 2014
gross book value is value before charging any depreciation on asset and net gross book value - depreciation
same way gross profit is before charging any revenue exp and net profit = gross profit - all revenue exp
same way gross profit is before charging any revenue exp and net profit = gross profit - all revenue exp
Rupesh Jain
(Expert)
22 August 2014
gross book value is cost of assets
net book value is value of assets after depreciation
gross profit- is profit after deducting direct exp. from the sales value
net profit after direct and indirect exp. form the sale value.
net book value is value of assets after depreciation
gross profit- is profit after deducting direct exp. from the sales value
net profit after direct and indirect exp. form the sale value.
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