Question

what is the difference between profit and gain.​

Answer 1

Answer:

• Profit is the summation of total income less total expenses. Gain is the proceeds received from the sale of fixed or financial assets.

Explanation:

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Answer 2

Answer:

Profit - profit is the summation of total income less total expenses.

Gain - gain is the proceeds received from the sale of fixed or financial assets.

Explanation:

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