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difference between profit and gain

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difference between profit and gain

Posted by Shubham Gupta 4 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 4 years, 6 months ago

Profit vs Gain
Profit is the summation of total income less total expenses.	Gain is the proceeds received from the sale of fixed or financial assets.
Generation
It is generated within the usual business operations	It is generated outside of business operations.

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Mohd Aman Mansoori 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Palak Kumari 3 months, 2 weeks ago

CBSE > Class 12 > Accountancy

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Posted by Palak Sharma 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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Posted by Munni Lal 1 year, 5 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

0 answers

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Posted by Shashank Shukla 1 year, 4 months ago

CBSE > Class 12 > Accountancy

0 answers

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