Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / lakshmi prasanna.bonthu
revenue means total income of that financial year.
but profit is different from revenue,
profit means the amount of revenue (or) income which exceeds
the expenditure of that financial year.
in simple words, its the difference b/w expenditure & income
in one financial year.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
Tell me what is the master account?
Explain the types of ledger?
What is Provision Entry
SHADOW BALANCE SHEET
One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)
What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.
explain me what steps would you take to increase revenue for this company?
If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .
Define the term material facts in accounting?
give 3 reasons why capital is referred to as a special liability
What is the distinction between cost accounting and management accounting?
How much statistics knowledge is necessary or required in accounting?
Can you name different branches of accounting?
What is tds and how it is calculated?
