Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is difference between income and gain?



what is difference between income and gain?..

Answer / abdul kadir

The term 'gain' is used when benefit is acquired from purchase-sale activity whereas the term 'income'is used when benefit is acquired through any means

Is This Answer Correct ?    9 Yes 1 No

Post New Answer

More Accounting General Interview Questions

how to applicable esi what is the rate of percentage i am getting Rs. 15000/- gross salary and how much amount will deduct esi from my salary

3 Answers  


hi all I am new here, I would like to ask one question. when a company (MNC) is following more than one accounting principle then what are the areas we need to change in sap.

1 Answers  


Explain an example of a tough decision you had to make quickly?

0 Answers  


What is TDS ? How its entry will be passed in accounting book ?

2 Answers  


Definition of accounts payable

3 Answers   Genpact, Infosys, MNC, TATA,


difference between debit notes and credit notes

1 Answers  


which report give the data of GL with materials details in sap?

0 Answers  


What is the difference between shares and debenture?

3 Answers  


Explain what is bank reconciliation?

0 Answers  


can an accountant handle all the accounting transaction without any type of help from any person?

1 Answers  


how to prepare balance sheet

8 Answers   Genpact,


how to prepare bank reconcilliation and send with formate

2 Answers  


Categories