Accountancy, asked by Anonymous, 6 months ago

different between profit and gain .​

Answers

Answered by manasgupta2506
6

Answer:

The key difference between profit and gain is that profit is the total earnings for a period whereas gain is an economic benefit derived by disposing an asset above its net book value or market value.

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Answered by Anonymous
2

Answer:

Here is your answer !

The key difference between profit and gain is that profit is the total earnings for a period whereas gain is an economic benefit derived by disposing an asset above its net book value or market value.

Explanation:

Hope it helps you !

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