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 the difference between gross profit and net profit?

Answer Posted / nirmal

GROSS PROFIT - GROSS PROFIT IS PROFIT BEFORE TAX. IT IS THE
CLOSING BALANCE IN THE DEBIT SIDE OF TRADING ACCOUNT.


NET PROFIT - NET PROFIT IS PROFIT AFTER TAX.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .

2277


MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?

1995


We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.

2127


What is fixed liabilities

1983


What is account

2228


SOUTH ATLANTIC OIL AND GAS INC.is a fraud company

2096


which are the basic princeples of accountancy... with examples

2184


reason for difference in Balance sheet (Asset side & Liabilites side)

2032


Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1918


how to check which item is sold by the sundry debtors in tally?

2162


What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4920


why cost center is assign to gl account in sap

1477


describe how accuracy in trial balance is a prime objective for preparing the financial statements?

2048


what is duties and responsibilities for clark working in sbi

2250


Expand------------STRA

2119