Hi ,
I am preparing for coming CPT and working in a Co.
I'm very much confused while understanding Revenue Concept can anyone help me in regarding this?
What are all the diff b/w Revenue and Profit?
Regards,
Dilip
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Differences b/w REVENUE and PROFIT
Replies (1)
Revenue is income like sales, and profit is gain means Revenue minus expenses incurred to earn that income. For example: Sales(Revenue) - Purchases(Expenses)=Profit.
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