what is the difference between profit and gain?
Answer Posted / d subbulakshmi
Profit can be received within short period in the business...
Example : revenue less cost of expenses.
Gain can be received by long period only....
Example : By investing in shares and selling after a long time for deriving benefits called Gain.
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
When and where this bank originated?
What is the use of PPF Account? How will you define it?
What Entry Will Be Passed, if Shares Are Issued at Discount?
By Using Visualizations,what Goals Can Users Can Achieve?
The crr, cash reserve ratio of scheduled banks is fixed at a certain percentage of their ndtl. What is ndtl?
What is national banking entrance exam (nbet)?
what are the activities made during multi currency handling
Give the difference between cheques and demand draft?
What idea do you have about the Union Budget 2017?
Have you ever had to bend the rules to get the job done. Why was that?
I HAVE TO APPEAR IN A INTERVIEW FOR THE POST OF SENIOR ASSISTANT-FINANCE , PLEASE SUGGEST ME WHAT TYPE OF QUESTIONS THEY SHOULD ASK ME .
Tell something about bank regulation act?
Who are venture capitalists?
If Inventory Is Understated At The End Of The Year, What Is The Effect On Net Income?
What is RuPay?