Profit is income or exp.

This query is : Resolved 

19 November 2010 Whether Profit is income if income give reason or if expenses give reason

thanks

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

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 ??

10 August 2024 https://docs.google.com/document/d/1cl1Dt7z290hGWcdGDyFBRjmb5x5GBXtUjNB42w3oPc8/edit?usp=sharing


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