Accountancy, asked by nutandeore748, 8 months ago

Excess of Income over Expenditure is terned as.........

Answers

Answered by Anonymous

9

Answer:

Surplus is the excess of income over expenditure. A credit balance in the Income and expenditure account shows surplus. It is the profit earned and should be added to the capital fund on the liabilities side of the balance sheet.

Explanation:

follow me

mark me as BRAINLIEST

I hope I help uhh

Answered by jyotinandani23

0

Answer:

profit

Explanation:

when sp is greater than than cp then profit is made

Previous Question

Next Question

Similar questions

Math, 4 months ago

12, 23, 35, 49, 511, 613,- resoning number series...

English, 4 months ago

Population is growing very fast but roads have not increased(Complex)...

Math, 4 months ago

the term which are not same are called...

Math, 8 months ago

It is given that tanA+cotA=2tanA+cotA=2 To find: The value of tan^2A+cot^2Atan2A+cot2A Solution: It is given that tanA+cotA=2tanA+cotA=2 , then Squaring on both the sides, we have (tanA+cotA)^2=4(tanA+cotA)2=4 tan^2A+cot^2A+2tanAcotA=4tan2A+cot2A+2tanAcotA=4 Now, because tanAcotA=1tanAcotA=1 , therefore the equation becomes, tan^2A+cot^2A+2=4tan2A+cot2A+2=4 tan^2A+cot^2A=2tan2A+cot2A=2...

Social Sciences, 8 months ago

how can you say that India is secular country...

Math, 1 year ago

WHAT IS THE LCM OF 180,189,600...

Math, 1 year ago

03. State whether the following statements are True or False: 1. Every integer is a whole number. 2. A triangle can be constructed when the lengths of its three sides are 7cm, 3cm and 4cm. 3. The graph of the equation y=mx+c passes through origin. 4. In a triangle, the longest side has the greatest angle opposite to it. 5. Class size of a distribution is same for different ciass intervals.

Biology, 1 year ago

how is the equal genetic contribution of male and female parents insured in the progeny...