what is the diff...
hashim hilali (24 Points)
11 August 2019
What is the difference between profits and gains?
hashim hilali (24 Points)
11 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 11 August 2019
In nutshell .....
Receiving an excess amount of money where a financial instrument is sold for more than its purchase price. This is referred to as a GAINS. (Capital earnings)
Whereas profit is the total REVENUE earnings for a period i.e. summarized as the summation of total income less total expenses.
More details :: difference-revenue-income-profit-gain-return
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