Accountancy, asked by csaptarshi3146, 11 hours ago

Profit earned after acquisition of shares is treated as

Answers

Answered by deepakojha11411
3

Answer:

pre-acquisition. is the answer of this question

Answered by priyarksynergy
0

Profit earned after acquisition of shares is treated as Revenue profit.

Explanation:

  • The net income generated by an entity's business operations is referred to as revenue profit.
  • Earnings from the sale of goods and/or services, net income received from leasing out activities, commission business, and so on are all examples of revenue profits.
  • The profit generated by all of the business's day-to-day operations is classified as revenue profits.
  • Regular commercial transactions generate revenue profits, making them highly frequent and recurring in nature.
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