what is the difference between profit and gain?
- 25 Answers
- 101498 Views
- Capital IQ, Grail Research, I also Faced
- E-Mail Answers
Answer Posted / samity
profit is a surplus/excess revenue over its cost.
it is expected &is a usual income on operating activities.
U launched a range of cellphones he earned "profits"on its sell.
Gain is simply excess of expected profit bcoz of occurence
of incidential event or transaction.it's irregular & is
unexpected income.
U found a valet full of money on the roadside is gain!!
| Is This Answer Correct ? | 17 Yes | 8 No |
Post New Answer View All Answers
How successful is the Make in India initiative taken by the government?
What is a term loan agreement?
journal entry for vendor and depreciation
What are the programs available after crossing nbet exam?
What are 'non- performing assets' (npa)?
What is meant by bossism?
Do you anything about bureaucracy?
What is the role of banks in developing the economy?
what are the activities made during multi currency handling
What attracted you towards banks?
Who are the partnering organizations with ifbi?
What is 'revenue of central government'?
What Is A Call Option?
WHAT ARE THE SECTIONS OF SOX THAT ARE RELATED TO INTERNAL CONTROL?
According to kyc guidelines which are the three documents that are mandated by rbi?
