Excess of income overexpenditure. Answer in a word / phrase / term.
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SURPLUS OF THE BUSINESS
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Answer:
Surplus
Explanation:
Excess of income over expenditure in a business is known as surplus or when a business or a company earns some profit, that profit is referred to as surplus.
On the other hand, when the expenditure is over income or when a company or a form or a business faces loss in their business, the company is said to be in deficit.
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