Profit is income or exp.
This query is : Resolved
Ravin Soni
(Querist)
19 November 2010
Whether Profit is income if income give reason or if expenses give reason
thanks
thanks
CA.ViVeK M ACA
(Expert)
19 November 2010
Difference between revenue and expense of the business is profit. Revenue is the income and it have direct relationship with profit. I hope you had understood
Ravin Soni
(Querist)
24 November 2010
Thanks a lot
but out of Profit we can distribute profit in to our share holders so it may our exp. or ??
but out of Profit we can distribute profit in to our share holders so it may our exp. or ??
10 August 2024
https://docs.google.com/document/d/1cl1Dt7z290hGWcdGDyFBRjmb5x5GBXtUjNB42w3oPc8/edit?usp=sharing
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