what is the difference between earnings and profits
Answers were Sorted based on User's Feedback
Answer / aktiwari13
Earning is total Sale of the year or month and profit
decide Less all direct and indirect expense
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rajukharade@yahoo.com
earnings is nothing but excess amount derived from day to day
activities e.g sales services etc and profit means excess
amount derived from non recurring activities e.g sale of
machinery
| Is This Answer Correct ? | 9 Yes | 8 No |
Answer / amit ilaitkar
Earning means getting money by doing day to day activities
e.g. I am getting salary on monthly basis. And profit means
doing such activity by intentionally to get surplus or
profit by deducting cost incurred (direct & indirect).
Earning is not always profit but profit is always earning.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / thirumalvathy
Earning is how many amount getting in day by day.Profit is
calculating in yearly by earding of Month
| Is This Answer Correct ? | 0 Yes | 3 No |
we are going to purchase of new office. what is accounting entry for it if we made adv to party , some part payment paid to party. pls tell me & under which group ledger will come
Expenditure incurred for the innovation of Guest house building is revenue nature or capital nature ??
What is batch input? why we use batch input session in SAP(FICO)?
what is the accounting term of bank reconcilation? explain me
How to transefer data from tally 9.0 to excel to do simuntennis
IN VAT INVOICES DISCOUNT ALLOWED OR NOT
1.recivable and payble 2.pf,tds,esi
What is the entry for closing stock value reduction?
0 Answers ICICI, ICS Integrated Computer Solutions,
if goods purchased from x company for rs1000 in credit,out of that 10% given discount for us what is the entry in tally?
what is difference between rebate and discount? generally in bill of exchange accounting
Name three (3) corporate action types
6 Answers FactSet Systems, Shore Infotech,
What is the difference between Secured Loan & Unsecured Loan?