What is difference between profit, revenue?

Answer Posted / surya

Revenue is NOT the same as sales.
Revenue is the total of ALL income to the company, from
whatever source.

Profit is what's left over after ALL expenses, not just the
expenses of prosucing the products.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the important steps to take during the conversion of an accounting system.

1513


why do you think you are sutable candidate for this post

1600


what is participation right is it a debt? or not?

1677


Expand-------ANC

1791


Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?

1629






what is sales life cycle???

1523


What is Budgeted capital ?

1535


Expand---------PDCB

1521


can any one send me payables real time scenarious or any projects

1648


state and explain THREE types of situation to which accounting concept might be applicable

1689


HOW TO MAINTAIN BANK A/C

1634


What do mean by Computerization of accounts

2118


What is the difference between income statement & Profit&loss A/c?

1476


What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.

1707


What are the major responsibility's of an accountant? what are the qualities he /she requires?

1632